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HARDtalk: Ishaq Dar tells BBC he owns only 'one property'

Web Desk 09:17 PM | 1 Dec, 2020
HARDtalk: Ishaq Dar tells BBC he owns only 'one property'

LONDON – Pakistan’s former finance minister Ishaq Dar said he owns only one property in Pakistan and that too, has been seized by the government.

"I have my main residence in Pakistan which has been taken over by this regime," the 70-year-old aide of ex-PM Nawaz Sharif told BBC anchor Stephen Sackur in his programme HardTalk.

Hitting out at the incumbent PTI-led government. "I haven't gotten too many properties. My net worth is what has been (inaudible)". 

He added that he “believes in transparency” and has "declared all his assets in his statements".

When asked by the interviewer that Pakistan's accountability watchdog (NAB) had examined his accounts and found them not in order, Dar said that was not the case. "A joint investigation team was set-up and it had two military officers among others, they were actually overseeing the entire affair."

"NAB lost its significance some time ago. It’s an institution that is used for political revenge against opponents”, he maintained.

When Sackur insisted that news reports state that he and his family members own properties in Dubai and London, the former minister claimed the accusations were not true and he only has "one property" and added that his children are independent businessmen, hence their properties or assets have nothing to do with him.

Talking about his party chief, Dar said both the cases against Nawaz failed to prove any corruption.

Dar said the PML-N supremo is “struggling for democracy and supremacy of the Parliament in Pakistan” and the current government is a form of “judicial martial law”.

The now absconding former minister said he does not accuse the army, as an institution, of undermining the democratic process in Pakistan but stated that "it is the will and plan of some people, the same people who enforce martial law in Pakistan".

Dar was declared an absconder in late 2017. He has been escaping court proceedings since 2017 following the registration of reference against him. Later, NAB confiscated his various bank accounts worth Rs500 million and his house, spread over four kanals and seven marlas in Gulberg, Lahore.

Web Desk
Web Desk

Daily Pakistan Global Web Desk

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 1, 2023 (Wednesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 267.53 268.18
Euro EUR 290.22 290.82
UK Pound Sterling GBP 330.48 331.18
U.A.E Dirham AED 72.78 73.08
Saudi Riyal SAR 71.23 71.53
Australian Dollar AUD 190 193
Bahrain Dinar BHD 702.68 710.68
Canadian Dollar CAD 201.75 205
China Yuan CNY 39.15 39.55
Danish Krone DKK 38.6 39
Hong Kong Dollar HKD 33.72 34.07
Indian Rupee INR 3.24 3.35
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 865.31 874.31
Malaysian Ringgit MYR 62.24 62.84
New Zealand Dollar NZD 171.35 173.35
Norwegians Krone NOK 26.76 27.06
Omani Riyal OMR 686.49 694.49
Qatari Riyal ‎QAR 72.58 73.28
Singapore Dollar SGD 201.2 203.2
Swedish Korona SEK 25.45 25.75
Swiss Franc CHF 286.19 288.69
Thai Bhat THB 8.06 8.21

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs202,000 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs173,190.

Likewise, 10 grams of 22k gold were being traded for Rs164,500 while a single tola of 22-karat gold was being sold at Rs 179,100.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 202,000 PKR 2,390
Karachi PKR 202,000 PKR 2,390
Islamabad PKR 202,000 PKR 2,390
Peshawar PKR 202,000 PKR 2,390
Quetta PKR 202,000 PKR 2,390
Sialkot PKR 202,000 PKR 2,390
Attock PKR 202,000 PKR 2,390
Gujranwala PKR 202,000 PKR 2,390
Jehlum PKR 202,000 PKR 2,390
Multan PKR 202,000 PKR 2,390
Bahawalpur PKR 202,000 PKR 2,390
Gujrat PKR 202,000 PKR 2,390
Nawabshah PKR 202,000 PKR 2,390
Chakwal PKR 202,000 PKR 2,390
Hyderabad PKR 202,000 PKR 2,390
Nowshehra PKR 202,000 PKR 2,390
Sargodha PKR 202,000 PKR 2,390
Faisalabad PKR 202,000 PKR 2,390
Mirpur PKR 202,000 PKR 2,390

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