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Shehbaz Sharif reads aloud Chinese envoy’s letter of appreciation for 'Punjab Speed' in court; NAB says ‘a waste of time’

01:59 PM | 26 Jan, 2021
Shehbaz Sharif reads aloud Chinese envoy’s letter of appreciation for 'Punjab Speed' in court; NAB says ‘a waste of time’

LAHORE – Pakistan Muslim League Nawaz president Shahbaz Sharif has presented a letter from the Chinese Consul General during the hearing of the Ramazan Sugar Mills case filed by the National Accountability Bureau.

The Leader of Opposition in National Assembly, while reading the letter by Long Dingbin, said that he has been facing a barrage of accusations for two years, yet the Chinese Consul General is praising his work as a chief minister. "It is no doubt an honour for me," he added.

In his letter, dated January 25th 2021, the Chinese envoy wrote to Sharif: "Your Excellency is an old friend of China and Chinese people. I was deeply impressed by your devotion to the construction of CPEC on the position of the then Chief Minister of Punjab. You made the CPEC projects in Punjab realized, which not only created impressive 'Punjab Speed' but embodied the profound bilateral friendship.

"Pakistan Muslim League-Nawaz is always a great of friend of Chinese Communist Party whether it is in power or as an opposition party."  

On the other hand, the anti-graft watchdog prosecutor objected to reading the contents of the letter during the hearing. It is irrelevant to the ongoing case and a waste of the court’s time, the NAB prosecutor added.

During the hearing, the National Accountability Bureau alleged that the former chief minister issued directives to use Rs200 million from public money to construct a drain in District Chiniot primarily for the use of the sugar mills owned by his family.

The letter was also shared by Pakistan Muslim League Nawaz on social media sites.

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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