LAHORE – A special central court has summoned Prime Minister Shehbaz Sharif and his son Hamza Shahbaz for indictment in a money laundering case filed by the Federal Investigation Agency against them.
As the hearing began, counsels for the father-son duo requested the court to grant one-day exemption to their clients from attending the hearing.
The Hamza Shahbaz’s lawyer said that his client was unable to come to the court due to back pain. Amjad Pervaiz, the counsel for Shehbaz Sharif, informed that the prime minister was busy in holding government meetings yesterday and he was ready to come to Lahore last night but he was asked not to travel due to weather conditions.
On the other hand, FIA lawyer raised no objection over non-appearance of the father-son duo. He has submitted a death certificate of Malik Maqsood, also known as Maqsood Chaprasi, a main evidence in the case.
Later, the court summoned PM Shehbaz Sharif and his son for indictment in next hearing scheduled for September 7.
In December 2021, the FIA had submitted the challan against Shehbaz and Hamza before the special court for their alleged involvement in laundering an amount of Rs16 billion in the sugar scam case.
According to the FIA report submitted to the court, the investigation team has “detected 28 benami accounts of the Shehbaz family through which money laundering of Rs16.3bn was committed during 2008-18. The FIA examined the money trail of 17,000 credit transactions.”
Pakistani rupee remained stable against US dollar, and other currencies in the open market amid strong economic cues.
On Sunday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 285.15 | 287.95 |
Euro | EUR | 309.9 | 310.5 |
UK Pound Sterling | GBP | 359.4 | 360.05 |
U.A.E Dirham | AED | 77.45 | 77.6 |
Saudi Riyal | SAR | 75.82 | 75.97 |
Australian Dollar | AUD | 187.72 | 188.22 |
Bahrain Dinar | BHD | 759.94 | 767.94 |
Canadian Dollar | CAD | 209.99 | 210.49 |
China Yuan | CNY | 39.78 | 39.88 |
Danish Krone | DKK | 41.95 | 42.05 |
Hong Kong Dollar | HKD | 36.38 | 36.48 |
Indian Rupee | INR | 3.39 | 3.5 |
Japanese Yen | JPY | 1.49 | 1.56 |
Kuwaiti Dinar | KWD | 926.39 | 935.39 |
Malaysian Ringgit | MYR | 60.38 | 60.98 |
New Zealand Dollar | NZD | 173.44 | 175.44 |
Norwegians Krone | NOK | 26.25 | 26.55 |
Omani Riyal | OMR | 742.16 | 750.18 |
Qatari Riyal | QAR | 78.5 | 79.2 |
Singapore Dollar | SGD | 212.45 | 212.95 |
Swedish Korona | SEK | 27.09 | 27.19 |
Swiss Franc | CHF | 325.38 | 325.88 |
Thai Bhat | THB | 8.05 | 8.09 |
The price of gold increased by thousands of rupees due to an upward trend in the international market.
On Sunday, the price of a single tola of 24-karat gold stands at Rs219,800 and 10 grams of 24k gold costs Rs188,450.
Meanwhile, single tola of 22 Karat gold costs Rs201,482, 21 karat rate costs Rs192,325 and 18k gold rate is Rs164,850.
Globally, gold prices hover at around $2072, gaining $32 on Sunday.
City | Gold | Silver |
Lahore | PKR 219,800 | PKR 2,730 |
Karachi | PKR 219,800 | PKR 2,730 |
Islamabad | PKR 219,800 | PKR 2,730 |
Peshawar | PKR 219,800 | PKR 2,730 |
Quetta | PKR 219,800 | PKR 2,730 |
Sialkot | PKR 219,800 | PKR 2,730 |
Attock | PKR 219,800 | PKR 2,730 |
Gujranwala | PKR 219,800 | PKR 2,730 |
Jehlum | PKR 219,800 | PKR 2,730 |
Multan | PKR 219,800 | PKR 2,730 |
Bahawalpur | PKR 219,800 | PKR 2,730 |
Gujrat | PKR 219,800 | PKR 2,730 |
Nawabshah | PKR 219,800 | PKR 2,730 |
Chakwal | PKR 219,800 | PKR 2,730 |
Hyderabad | PKR 219,800 | PKR 2,730 |
Nowshehra | PKR 219,800 | PKR 2,730 |
Sargodha | PKR 219,800 | PKR 2,730 |
Faisalabad | PKR 219,800 | PKR 2,730 |
Mirpur | PKR 219,800 | PKR 2,730 |
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