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No documentary proof established Sharif's link with Al-Azizia Mills, Wajid Zia reveals in cross-examination

12:37 PM | 31 May, 2018
No documentary proof established Sharif's link with Al-Azizia Mills, Wajid Zia reveals in cross-examination
ISLAMABAD - Former prime minister Nawaz Sharif’s legal counsel, Khawaja Harris, resumed the cross-examination of prosecution’s star witness Wajid Zia in the Al-Azizia reference against Sharif family,  Thursday morning.

Zia headed the Panama case joint investigation team (JIT) which probed the Sharif family’s assets last year, on the directives of the apex court. He revealed that he did not come across any document during investigation showing that former prime minister Nawaz Sharif as the owner of Al-Azizia Steel Mills.

Zia also stated that as per the bank statement, Nawaz’s son Hussain Nawaz sent him an amount worth US$1.1 million as a ‘gift’ from July 5, 2010, to June 30, 2011.

Former premier Nawaz Sharif and his family members are facing three corruption references in the accountability court — Avenfield Properties, Al-Azizia Steel Mills and Flagship Investments — in which they are accused of money laundering, tax evasion and hiding offshore assets.

Zia, who is appearing before the court of accountability judge Muhammad Bashir, has already recorded his statement in both Avenfield and Al-Azizia references against the Sharif family.

For today's hearing, Nawaz Sharif, Maryam Nawaz and captain (r) Safdar turned up in the accountability court; the former premier termed the day historic in an informal discussion with newsmen, owing to the fact that the government was completing its stint.

Nawaz Sharif and his sons Hussain and Hasan are accused in all three references whereas his daughter Maryam and son-in-law MNA Capt (retd) Safdar are named in the Avenfield reference only.

Hussian and Hassan Nawaz are UK-based and have been absconding since the proceedings began last year, however, the former premier has been showing up regularly before the court of judge Muhammad Bashir.

* This is an ongoing story and readers would be apprised of latest developments accordingly

The writer is a civil servant.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

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 - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
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
Norwegians 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 Bhat THB 7.57 7.72

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