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Nawaz Sharif appears before NAB court in Flagship Investment reference

12:22 PM | 16 Oct, 2018
Nawaz Sharif appears before NAB court in Flagship Investment reference
ISLAMABAD - Former Prime Minister Nawaz Sharif appeared before the accountability court in Islamabad in the Flagship investment reference on Tuesday.

Sharif arrived at the judicial complex amid tight surveillance where the head of six-member Joint Investigation Team (JIT) Wajid Zia presented crucial documents.

Zia, who was tasked to probe the offshore dealings of the former ruling family, presented the financial statement of the Flagship Investment Limited spanning from 2002 to 2016.

The Additional Director General of FIA also presented the letter forwarded by the Qatari prince, Hammad bin Jasim to the JIT on July 6, 2017 and an e-mail received by the foreign office of Pakistan.

The transmission and delivery report of the communication between JIT and Qatari prince was also presented before the judge Arshad Malick.

As many as three references were filed against the members of the former ruling family in line with the directives issued by the apex court in the Panama Papers case.

Nawaz Sharif and his sons Hussain and Hasan are accused in all three references – Hill Metal establishment, London flats and offshore firms – whereas his daughter Maryam and son-in-law MNA Capt (retd) Safdar are convicted in the Avenfield reference only.

Hussain 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.

The writer is a civil servant.

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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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