Accountability court seeks details of Ishaq Dar’s seized assets

  • NAB on Thursday sought court's permission to sell off assets owned by the former finance minister
Pakistan

ISLAMABAD – An accountability court on Friday directed the top graft-buster agency to submit the details of former finance minister Ishaq Dar’s assets that have been seized.

Judge Mohammad Bashir issued the directives while hearing a petition filed by the National Accountability Bureau (NAB) seeking auction of the assets owned by the absconder former minister in Pakistan.

As the hearing began, the accountability judge asked NAB special prosecutor Imran Shafiq to present the detail. The court will resume hearing after the break.

On Thursday, the NAB sought the permission of the accountability court to sell off assets owned by the former finance minister and absconding suspect, Ishaq Dar.

The former finance czar has been in London since October last year on medical grounds and has been declared an absconder in the corruption case filed against him by the accountability watchdog; later, red warrants were sought for his arrest.

Imran Shafiq, NAB’s special prosecutor, filed the petition in the court, stating that the former senator is wanted by the court and has been declared an absconder by both NAB and the court.

The petition has sought the court’s permission to sell all assets held by Dar in Pakistan.

The former finance minister is accused of possessing assets beyond his 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 following which he also relinquished his duties.

The incumbent PTI regime has vowed to bring back Ishaq Dar and scions of former premier Nawaz Sharif, Hassan and Hussain to Pakistan.