Pakistani PM Shehbaz Sharif appears before court in money laundering case

11:54 AM | 30 Sep, 2022
Pakistani PM Shehbaz Sharif appears before court in money laundering case
Source: @shehbazsharif (Instagram)

LAHORE – Prime Minister (PM) Shehbaz Sharif on Friday appeared before a special central court in the Rs16 billion money laundering case filed by federal investigators against him and his family members.

During the hearing, the premier asked permission to speak, which was allowed by the court. Standing on the rostrum, PM apprised the court that, while holding the coveted seat of Punjab chief minister, he made decisions that hurt his family’s business.

He mentioned refusing requests to provide subsidies to sugar mills, adding that move aimed not to burden the common man.

At the outset of today’s hearing, PM’s legal counsel, Amjad Pervaiz said that the first information report (FIR) registered against his clients mentioned they were involved in money laundering worth Rs25 billion from 2008-2018 through fake companies.

 He argued that Shehbaz was neither the director nor a shareholder of those companies in those 10 years, alleging the anti-graft body and another departments of ‘political engineering.’

Later, the court allowed PM Shehbaz Sharif to leave as he told the judge about some important business in the capital to look after. The hearing has been adjourned until October 8.

Daily Pakistan Global Web Desk


Today Currency Rates in Pakistan - Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 24 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 24, 2024 (Wednesday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 278.4 for buying and 280.1 for selling. Euro's buying rate remains stable at 301.35 and selling rate is 303.45.

British Pound rate is 354.5 for buying, and 358.35 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal hovered at 73.6.

Currency Rates Today

Currency Symbol Buying Selling
US Dollar USD 278.4  280.1 
Euro EUR 301.35 303.45
UK Pound Sterling GBP 354.5 358.35
U.A.E Dirham AED 76.5  77.25
Saudi Riyal SAR 73.60 74.32
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.50 205.50
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.70 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202.00 204.00
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.50 7.65


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