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PM Nawaz rejects Shahryar Khan's resignation

06:06 PM | 1 May, 2017
PM Nawaz rejects Shahryar Khan's resignation
LAHORE - Pakistan Prime Minister Nawaz Sharif has rejected Cricket Board (PCB) chairman Shahryar Khan's resignation and had asked the senior administrator to complete his three-year term, Indian media reported on Monday.

According to reliable sources in the PCB quoted by Press Trust of India, Shahryar had sent his resignation to the patron-in-chief of PCB before going to attend the crucial International Cricket Council (ICC) meetings in Dubai.

“Shahryar had made it clear that due to health and personal reasons he would like to step down on April 30,” one source said.

“But after Shahryar returned from Dubai after attending the ICC meetings where the Big Three governance system was rolled back, he has been informed by the Prime Minister's house that he should carry on working and complete his term which ends in late August,” the source said.

The PCB chairman is the nominee of the Prime Minister on the Board of Governors and is directly elected by them for a three-year tenure.

“Apparently the Prime Minister is clearly happy with Shahryar's working and the way he handled the Big Three issue at the ICC meetings. Basically, he has been rewarded for his work,” the source said.

The decision to ask Shahryar to complete his term also bodes well for the PCB as this week it will be unrolling its legal action against the BCCI to seek compensation for the not honouring the MoU signed between the two boards.

Shahryar also made it clear that the PCB wants to have good relations with the BCCI but it had been forced to go for legal action.

“We have suffered major losses because of India's refusal to play the bilateral series as per the MoU and we can't allow this to continue. If India confirms it is willing to resume bilateral cricket it would be a positive development for cricket in the region,” Shahryar said.

Khan has also served as chairman of PCB between 2003 and 2006. Najam Sethi, who is presently head of the executive committee in the PCB, is tipped to succeed Shahryar as chairman in August.-Online

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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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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