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Babar Awan acquitted in Nandipur case

08:04 PM | 25 Jun, 2019
Babar Awan acquitted in Nandipur case
ISLAMABAD - An accountability court in Islamabad acquitted former law minister Babar Awan in the Nandipur power plant corruption reference on Tuesday while rejected the acquittal request of former prime minister Raja Pervaiz Ashraf.

Accountability Court Judge Arshad Malik announced the decision, much to the surprise of Pakistan Peoples Party leaders.

Soon after Awan was acquitted, President Arif Alvi made a telephone call to him and felicitated the politician.

Awan had resigned as an adviser to the prime minister on parliamentary affairs after NAB filed a case on the said reference.

As many as seven suspects were indicted in the case including former secretary law Masood Chishti, Riaz Kiyani, Dr Riaz Mehmood and former research consultant Shumaila Mehmood; they all pleaded not guilty to the charges following which the court decided to initiate a trial.

The accused have been alleged of inflicting a damage worth Rs 27 billion to the national kitty by delaying the said project.

The NAB had claimed that the Ministry of Water and Power and the Ministry of Law and Justice were responsible for the delay in the completion of the Nandipur power project and for its eventual cost escalation.

The law ministry had raised objections to the agreement signed by the power ministry from 2008 to 2011 and the issue was resolved after the ministers for the two ministries were removed.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 22 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 22, 2024 (Thursday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300.2 for buying and 303.2 for selling while British Pound rate stands at 350.6 for buying, and 354.1 for selling.

UAE Dirham AED hovers at 76.2 whereas the Saudi Riyal saw slight increase, with new rates at 74.45.

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

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300.2 303.2
UK Pound Sterling GBP 350.6 354.1
U.A.E Dirham AED 76.2 76.95
Saudi Riyal SAR 74.45 75.2
Australian Dollar AUD 181.15 183.15
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207.15 209.15
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207.1 209.1
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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