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Ishaq Dar moves IHC against non-bailable warrants

05:39 PM | 2 Dec, 2017
Ishaq Dar moves IHC against non-bailable warrants
ISLAMABAD - Former finance minister Ishaq Dar on Saturday filed a plea with Islamabad High Court through his lawyers, challenging the non-bailable arrest warrants issued by the accountability court against him.

Advocate Qausain Faisal Mufti, counsel for Dar, also moved the high court against a ruling of the accountability court to declare him absconder.

The lawyer has stated in the petition that his client attended hearings when his health condition was good. He added that Dar should be given exemption as now he was in London for treatment.

He further asked the high court to allow someone to represent Dar at the accountability court so the trial proceeding could be continued.

It is important to mention that the trial court had issued the warrants against Dar on Nov 14 by rejecting all pleas seeking exemption from appearance in a case regarding assets beyond means.

On Nov 21, the court announced him an absconder and ordered to start proceedings to declared him proclaimed offender.

Indictment


On September 27, the finance minister had been indicted for possessing assets beyond his known sources of income.

Dar had rejected the allegations levelled by the National Accountability Bureau (NAB) in its reference prepared following the orders of the Supreme Court in its July 28 verdict in Panamagate case.

NAB Reference


According to the NAB reference, the accused had acquired assets and pecuniary interests/resources in his name or in the name of his dependents of an approximate amount of Rs831.678 million as per the investigation conducted so far.

The assets are disproportionate to his known sources of income for which he could not reasonably account for, the reference said.

 

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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