Was Nawaz Sharif really forbidden from speaking at Davos due to corruption?

01:01 PM | 25 Jan, 2017
Was Nawaz Sharif really forbidden from speaking at Davos due to corruption?
DAVOS - Prime Minister Nawaz Sharif was not barred from speaking at World Economic Forum owing to the ongoing investigations against him in Pakistan, it has been learnt.

As soon as the prime minister landed back in Pakistan after attending the prestigious World Economic Forum, a succession of rumours was launched suggesting that he was not allowed to speak at the forum due to his alleged involvement in mega corruption scandals.

However, according to the details available with Daily Pakistan, there is no truth to these rumours and Nawaz Sharif's alleged corruption never came under discussion in the context of the summit. There were two Pakistanis who were a part of the organising committee, namely Ikram Saigol and Shameer Obaid - neither pushed for the Prime Minister's speech. The reports that he was explicitly forbidden from speaking are not reliable. However, the lack of significant push by Pakistani diplomats and members in organising committee can be seen as a diplomatic failure.

Even if the premier had spoken at the forum, the speech of Prime Minister Nawaz Sharif would have been merely a ceremonial address as only 20 of the world leaders from 80 different countries took the floor for the same purpose.

Another rumour is giving an impression that the premier was not even invited to the global meeting. The baseless rumour is not substantiated by evidence rather Daily Pakistan has received the invitation letter that was sent to the PM.


Interestingly, Nawaz Sharif and Raheel Sharif stayed in the same hotel but they did not hold any formal or informal meeting.

Premier Nawaz Sharif meeting Ali baba's founder Jack Ma

On the other hand, the premier met top chief executives including Bill gates of Microsoft and Jack Ma of Ali Baba and the meetings were successful as Ali Baba firm showed its willingness to invest in Pakistan.

Prime minister Nawaz Sharif during meeting with Microsoft's founder Bill Gates

President of Swiss Confederation Doris Leuthard also called on Nawaz Sharif on the sidelines of World Economic Forum.

The details quash the propaganda campaign that Nawaz Sharif was intentionally barred by the management of WEF owing to his alleged financial wrongdoings.

His consultation with tech giants over boosting Pakistan's economic progress hints at the success of his official five-day tour and reports suggesting that he was not allowed to speak on the forum were utterly baseless, as reported by a leading daily.

The writer is a civil servant.


Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 22 May 2024

 Pakistani currency rates against US Dollar and other currencies on May 22, 2024 (Wednesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.05 for selling.

Euro moved down to 297 for buying and 300 for selling while British Pound rate is 349 for buying, and 352.5 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 22 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 277.15
Euro EUR 297 300
UK Pound Sterling GBP 349 352.5
U.A.E Dirham AED 75.2 75.95
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.34 748.34
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.91
Danish Krone DKK 40.52 40.92
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 903.3 912.3
Malaysian Ringgit MYR 59.34 59.94
New Zealand Dollar NZD 170.11 172.11
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.13 731.13
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.98 26.28
Swiss Franc CHF 305.97 308.47
Thai Bhat THB 7.67 7.82


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