Dr Shezra Mansab Ali on Thursday chaired a meeting of the sub-committee of the NA Standing Committee on Finance, comprising Pakistan Tehreek-e-Insaf's Asad Umar, Pakistan Muslim League-Nawaz's (PML-N) Isphanyar M. Bhandara, who did not attend the meeting. PML-N's Qaiser Ahmed Sheikh attended the meeting voluntarily.
However, the government agencies are unable to trace whether these Pakistanis used legal means to obtain the properties worth $8 billion in Dubai during the last four years.
The committee was informed that no government department, including FIA, Federal Board of Revenue (FBR) and State Bank of Pakistan (SBP) was empowered to get details regarding investment made by Pakistanis in other countries. The committee members were also told that the National Accountability Bureau (NAB) was department concerned which could investigate financial crimes cases with foreign countries.
The FIA team, led by its director Zaheer Ahmed, while presenting the list said that it was yet to be ascertained whether the investors are resident or non-resident Pakistanis.
The sub-committee was also informed that neither the SBP nor the Economic Coordination Committee (ECC) had granted permission to anyone for making investment in property of other countries.
FBR Chairman Tariq Pasha said that the department sent many queries to the UAE authorities seeking details of Pakistani investors during several past years, adding that the country did not give any response.
Asad Umar expressing dismay said that the UAE had responded to queries sent by the Panamagte Joint Investigation Team (JIT), adding, “Why they are reluctant to give details of ordinary Pakistanis?"
During the meetings, certain flaws in the anti-corruption law were also highlighted with a stress to rectify them.
The sub-committee is expected to ask the NA standing committee to get assistance of the NAB to probe the matter.
Later, the NA Standing Committee on Finance in a meeting decided that the matter will not be sent to the NAB.
According to Dawn news, the committee’s members, including Dr Nafisa Shah, demanded that such a decision should be taken after the standing committee had a chance to review the sub-committee’s report.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on June 06, 2023 (Tuesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 304.9 | 308.15 |
Euro | EUR | 322 | 325 |
UK Pound Sterling | GBP | 377 | 381 |
U.A.E Dirham | AED | 83.5 | 84.5 |
Saudi Riyal | SAR | 80.5 | 81.5 |
Australian Dollar | AUD | 202 | 204 |
Bahrain Dinar | BHD | 758.82 | 766.80 |
Canadian Dollar | CAD | 226 | 230 |
China Yuan | CNY | 40.28 | 40.68 |
Danish Krone | DKK | 41.03 | 41.43 |
Hong Kong Dollar | HKD | 36.4 | 36.75 |
Indian Rupee | INR | 3.46 | 3.57 |
Japanese Yen | JPY | 2 | 2.08 |
Kuwaiti Dinar | KWD | 925.2 | 934.2 |
Malaysian Ringgit | MYR | 61.94 | 62.54 |
New Zealand Dollar | NZD | 173.16 | 175.16 |
Norwegians Krone | NOK | 25.88 | 26.18 |
Omani Riyal | OMR | 742.38 | 750.38 |
Qatari Riyal | QAR | 78.38 | 79.08 |
Singapore Dollar | SGD | 220 | 222 |
Swedish Korona | SEK | 26.36 | 26.66 |
Swiss Franc | CHF | 313.87 | 316.37 |
Thai Bhat | THB | 8.21 | 8.36 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 228,900 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs197,190.
Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
City | Gold | Silver |
Lahore | PKR 228,900 | PKR 2125 |
Karachi | PKR 228,900 | PKR 2125 |
Islamabad | PKR 228,900 | PKR 2125 |
Peshawar | PKR 228,900 | PKR 2125 |
Quetta | PKR 228,900 | PKR 2125 |
Sialkot | PKR 228,900 | PKR 2125 |
Attock | PKR 228,900 | PKR 2125 |
Gujranwala | PKR 228,900 | PKR 2125 |
Jehlum | PKR 228,900 | PKR 2125 |
Multan | PKR 228,900 | PKR 2125 |
Bahawalpur | PKR 228,900 | PKR 2125 |
Gujrat | PKR 228,900 | PKR 2125 |
Nawabshah | PKR 228,900 | PKR 2125 |
Chakwal | PKR 228,900 | PKR 2125 |
Hyderabad | PKR 228,900 | PKR 2125 |
Nowshehra | PKR 228,900 | PKR 2125 |
Sargodha | PKR 228,900 | PKR 2125 |
Faisalabad | PKR 228,900 | PKR 2125 |
Mirpur | PKR 228,900 | PKR 2125 |
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