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SC to hear disqualification petitions against Imran Khan, Jahangir Tareen from May 3

10:37 AM | 29 Apr, 2017
SC to hear disqualification petitions against Imran Khan, Jahangir Tareen from May 3
ISLAMABAD - The supreme court of Pakistan would start hearing petitions seeking disqualification of PTI supremo Imran Khan and secretary general Jahangir Khan Tareen from May 3rd, Wednesday.

The petitions were filed by PML-N's Rawalpindi stalwart Haneef Abbasi last year who argued that both the PTI leaders were involved in wrongdoings and concealment of income in nomination papers.

The Supreme Court’s three-judge bench – headed by Chief Justice of Pakistan (CJP) Mian Saqib Nisar will take both the constitutional petitions to decide the political fate of PTI duo.

The former CJP Anwar Zaheer Jamali had held a couple of hearings of the case. However, despite several hearing requests by Abbasi’s counsel Akram Sheikh, the court had preferred not to club it with Panama Leaks case, a verdict of which was announced on April 20.

The PML-N leader’s petition claims that Jemima Goldsmith –Imran’s first wife – did not file her income tax, during her time in Pakistan, suggesting that she was, in fact, a dependent on her former husband and had no taxable income.

https://en.dailypakistan.com.pk/pakistan/not-just-sharif-family-pti-stalwart-jahangir-tareen-too-gifted-rs1647-m-to-each-other/
 “In the light of the foregoing, [Imran] was obliged to declare assets owned by Goldsmith in his own wealth statements, but [he] failed to do so, in violation of the mandatory provisions of the Income Tax Ordinance (ITO),” says the petition.

Abbasi claimed that Imran was bound to declare the assets of Jemima before the Election Commission of Pakistan (ECP) in his nomination papers during the relevant period, but he avoided it.

Regarding, Tareen, a close confidant of PTI supremo, the petitioner argued that he did not mention his offshore holdings in his statement of assets and liabilities filed before the ECP, along with his nomination papers for contesting 2013 general elections which was in violation of 'Representation of Peoples Act'.

Imran and Tareen – respectively represented by Naeem Bukhari and Sikandar Bashir – have already submitted their concise statements, wherein they have refuted the allegations of tax evasion.

PTI chief termed the accusations against him as baseless and requested the court to dismiss the petition. He has also took aim at the Federal Baord of Revenue for investigating his taxe returns after 13 years.

“I have been paying all my taxes for three decades now. I have never lied about the property I own,” he stressed.

Tareen, in his concise statement, has also rejected the petitioner’s claim that no ‘admission’ or ‘confession’ (express or implied) was ever made by him in relation to the subject.

But, what could land Tareen in trouble is the reply of Securities and Exchange Commission of Pakistan that suggested a violation of the Insider Trading Ordinance-1969 and the Companies Ordinance-1984 in the United Sugar Mills (USML) acquisition by PTI bigwig.

'He also made roughly Rs71 million gains but returned Rs73.1 million to the SECP — including fines and legal cost that the regulator incurred on investigating the case,' the reply stated.

The SECP has requested the apex court that it probed the entire matter which culminated into the return of entire illegal gain and recovery of penalties for contravention of the relevant provision of laws.

“It is respectfully prayed that this honourable court may decide the case as deemed appropriate.”

The writer is a civil servant.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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