NAB re-summons Saad Rafique, brother in private housing society case

09:47 AM | 26 May, 2018
NAB re-summons Saad Rafique, brother in private housing society case
ISLAMABAD - The National Accountability Bureau (NAB) has once again summoned Federal Railways Minister Khwaja Saad Rafique and his younger brother, Punjab Health Minister Khwaja Salman Rafique, in connection with the Paragon Housing Scheme case.

The elder Rafique has been asked to appear before the accountability watchdog on June 21, whereas Salman has been asked to appear the following day.

The anti-corruption bureau had launched an investigation in November last year into a mega land scam involving Paragon Housing Society in Lahore - believed to be owned by Saad Rafique - and the Punjab Land Development Company (PLDC).

The bureau had sought the record of Ashiana Iqbal Lahore from PLDC as a contract agreement was signed between the department and Anhui Construction Engineering Group owned by Director Paragon Exchange, Ali Sajjad.

In April this year, NAB’s Lahore chapter sought an explanation from the Rafique duo regarding the exchange of their 50-Kanal piece of land with 'developed plots' measuring 40 Kanal in Paragon Housing Society through an agreement.

Saad Rafique had earlier appeared before the NAB Lahore office in March and had expressed that he answered all the questions. He also slated the accountability procedure opted by NAB and highlighted the efforts of the incumbent regime for the uplift of the country.

The Railways minister had also appeared before the apex court, wherein he denied having any links with the private housing society in question.

The writer is a civil servant.


Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 29 Feb 2024

Pakistani rupee remains stable against US dollar in the open market on February 29, 2024 (Thursday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.1 for buying and 282.35 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 352 for buying, and 355.5 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 74.3.

Today’s currency exchange rates in Pakistan - 29 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.1 282.35
Euro EUR 303 306
UK Pound Sterling GBP 352 355.5
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.3 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.11 751.11
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.69 41.09
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 907.32 916.32
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36 26.66
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317.76 320.26
Thai Bhat THB 7.76 7.91


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter