Friday 28 September 2018

Accountability court summons details of Dar's seized assets

Accountability court summons details of Dar's seized assets
An accountability court on Friday sought details of former finance minister Ishaq Dar’s assets that have been seized.

Accountability Court Judge Muhammad Bashir heard a National Accountability Bureau (NAB) petition to sell former finance minister Ishaq Dar’s assets in Pakistan.

As the hearing began, Judge Bashir asked NAB special prosecutor Imran Shafiq to submit details of Dar's properties that have been seized. The court is on break till 11am. 

A day earlier, NAB had filed the petition seeking the court’s permission to sell off Dar’s assets in Pakistan as he has been absconding.

Filed by NAB’s special prosecutor Imran Shafiq, the petition stated the Pakistan Muslim League-Nawaz (PML-N) leader went to London for medical treatment and continues to abscond in corruption cases against him in the accountability court.

The petition further stated that some of Dar’s properties have been seized while others are beyond the accountability court’s ambit.

NAB requested the court to issue an order on the former finance minister’s remaining properties and to appoint revenue officers of related districts as representatives.

Further, NAB in its petition stated that money raised in the form of rent on Dar’s properties should be added in the national exchequer.

The case

The former finance minister is accused of possessing assets disproportionate to his declared sources of income.

A reference against the former finance minister was filed by the National Accountability Bureau (NAB) in light of the Supreme Court's July 28 verdict in the Panama Papers case.

Dar had earlier been declared a proclaimed offender by the accountability court due to his continuous absence from the proceedings.

In November 2017, then-prime minister Shahid Khaqan Abbasi had accepted Dar’s request to be relieved of his duties as the finance minister.




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