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Sharifs to challenge Avenfield reference verdict in IHC

07:03 PM | 7 Jul, 2018
Sharifs to challenge Avenfield reference verdict in IHC
LAHORE- The former ruling family of Pakistan has decided to take the landmark verdict in their London properties case to the Islamabad High Court (IHC).

On Friday, Accountability judge Muhammad Bashir announced the judgment after hearing proceedings of a corruption reference against the Sharif family after more than 100 days, sentencing ex-PM Nawaz Sharif to 10 years in prison over his family’s purchase of luxury Avenfield apartments.

Maryam Nawaz, the daughter of PML-N ex-supremo, was sentenced to 7 years while her husband Capt (r) Safdar Awan was handed one-year jail term.

https://en.dailypakistan.com.pk/headline/sharifs-guilty-or-innocent-pakistan-awaits-accountability-courts-verdict-in-avenfield-case-today/

Now the Sharif family has decided that Khawaja Haris, on behalf of Nawaz, Maryam and Safdar, will file an appeal against the verdict in the IHC on Monday.

Moreover, the Sharifs have been told by their lawyers that possibility of getting any relief in the sentence would be very difficult if they fail to come to Pakistan within the 10-day deadline for filing an appeal.

https://en.dailypakistan.com.pk/pakistan/detailed-judgement-of-avenfield-case-against-nawaz-maryam-captr-safdar/

The accountability court also fined Nawaz Sharif with £8 million (Rs1.29 billion) in a corruption reference while her daughter, Maryam Nawaz was ordered to pay a fine of £2 million (Rs320 million).

Additionally, the judge ordered to seal the property in question, suggesting the government to do legislation to bring plundered money back to the country.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 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 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
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 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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