Pakistan

ISLAMABAD – The National Accountability Bureau (NAB) sought the permission of an accountability court on Thursday 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.