Hussain Nawaz appears before Panama JIT once again

11:15 AM | 30 May, 2017
Hussain Nawaz appears before Panama JIT once again
ISLAMABAD - Hussain Nawaz, elder son of Prime Minister Nawaz Sharif, appeared before the six-member Joint Investigation Team constituted to probe money trail of Sharif family, here on Tuesday.

This is the second appearance of premier's scion before the investigative team that is currently investigating the murky wheeling and dealing of the first family in the backdrop of Panama case verdict.

Earlier, on Sunday, Hussain arrived at the federal judicial academy for the first time and faced a barrage of questions for over two hours.

Hussain reportedly objected to appearing before the JIT without his counsel and sought a questionnaire as well.

Talking to newsmen, Hussain expressed his concerns regarding the trial procedure and showed resentment at being summoned on such a short notice.

However, Hussain Nawaz appeared before the JIT and was instructed to reappear before the team today with relevant record regarding his offshore firms and properties. He was also handed over a questionnaire.

Apart from Hussain Nawaz, the president of National Bank of Pakistan, Saeed Ahmed also arrived at the federal judicial academy to assist the JIT and record his statement.

The federal judicial academy garnered spotlight once again when around 2 P.M, an ambulance arrived there raising suspicions about possible health issues of high-profile personalities, however, the vice-chancellor of PIMS Dr. Javed Akram clarified that the ambulance was dispatched on the instruction of JIT members for any emergency situation and no one was ill, currently.

Earlier, on Monday the apex court turned down the objection by Hussain Nawaz regarding two members of JIT.

“We are not going to remove any JIT member on mere conjecture unless something concrete comes up because the prime minister is the one being investigated,” remarked Justice Ejaz Afzal Khan, who heads the three-judge implementation bench of the Supreme Court.

The Joint Investigation Team was formulated by the apex court after the Panama case verdict on April 20 to further probe into the revelations put forth by Panama Leaks.

Representatives from Intra Services Intelligence, Military Intelligence, State Bank of Pakistan, Securities and Exchange Commission of Pakistan and National Accountability Bureau are part of the team headed by Wajid Zia of Federal Investigation Agency.

The writer is a civil servant.


Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91


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