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LHC orders to auction property of Nawaz Sharif’s cousin

06:24 PM | 30 Jul, 2019
LHC orders to auction property of Nawaz Sharif’s cousin
ISLAMABAD – The Lahore High Court (LHC) has ordered to auction the property of a cousin of former premier Nawaz Sharif.

During the hearing on a petition filed by Bank of Punjab on Tuesday, the court ordered to auction the land of Hussain Waqas Sugar Mills.

The court ordered to auction the office of Hussain Waqas Sugar Mills on August 31 for being a bank defaulter.

Earlier, the National Accountability Bureau (NAB) had decided to freeze the assets of the Sharif family.

NAB had decided to freeze assets worth Rs225,635,000 of Shahbaz Sharif’s wife Nusrat Shahbaz while she owns several luxury cars, jewellery, prize bonds and shares in many companies.

Hamza Shahbaz’s assets worth Rs411,100,000 will be seized. Of 199 bank transactions, 126 were made in the name of Suleman Shahbaz.

The anti-corruption watchdog has also found money laundering evidence against Shahbaz Sharif’s family.

The PML-N president also owns agricultural land in Chiniot while his wife Nusrat Shahbaz also owns several properties.

Shehbaz Sharif’s family have many bank accounts. Shahbaz Sharif has also gifted several houses to Nusrat Shehbaz.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 19 May 2024

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

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

Today’s currency exchange rates in Pakistan - 19 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegian Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Baht THB 7.57 7.72

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