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Sharjeel Memon, accomplices arrested in Rs5.76 billion corruption case

05:16 PM | 23 Oct, 2017
Sharjeel Memon, accomplices arrested in Rs5.76 billion corruption case
KARACHI - PPP's leader and former Sindh minister Sharjeel Inam Memon was arrested from the Sindh High Court (SHC) after his bail plea in a graft case was rejected on Monday.

Earlier in the day, SHC Chief Justice of Justice Ahmed Ali Shaikh dismissed the request of Memon and his 12 accomplices in a case of Rs5.76 billion corruption in information ministry, ordering their immediate arrest.

Following the orders, contingents of Rangers arrived outside the courtroom to implement the orders of the provincial high court.

The former information minister was taken into custody by the officials of National Accountability Bureau (NAB) as he reached the court.

Memon along with suspects have been accused of corruption worth Rs5.76 billion in the award of advertisements of the Sindh government’s awareness campaigns in the electronic media.

It was alleged that advertising agencies suppressed the invoices issued by the media and showed much higher amounts, while as per settled practice, advertising agencies were entitled to get only 15 percent agency commission against the total bill.

The reference filed by National Accountability Bureau said that Evernew Concepts (Pvt) Ltd was paid Rs4,154,585,676, Orient Communication Rs320,062,994, Adarts Karachi Rs317,338,970, Connect Marketing Rs310,474,132, Value Added Marketing Rs205,827,587, Xnine Communications Rs374,546,739 and Insync Advertisement was paid Rs83, 643,668.

Memon, who served as Sindh information minister till 2015, returned to Pakistan in March this year after ending his nearly two-year-long self-imposed exile, was arrested on his arrival by NAB but later obtained bail.


The other accused in the case include former Sindh Information Secretary Zulfiqar Ali Shalwani, officials of the information department and members of private advertising agencies.

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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