Skip to main content

Accountability court reserves verdict on NAB plea to auction Dar's assets

Ishaq Dar
An accountability court on Monday reserved its verdict on the National Accountability Bureau's (NAB) plea to auction absconding suspect Ishaq Dar's assets in Pakistan.

After hearing the anti-graft body's arguments today, the court reserved its verdict on the plea.

The petition was filed by the NAB after 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.

Last week, NAB had submitted to the accountability court details of the former finance minister’s assets that have been seized.

During the last hearing, NAB special prosecutor Imran Shafiq said if reservations are not raised within the given time then the assets can be sold. "The accused can approach the court till six months after the assets are sold," he added.

The NAB prosecutor further said that so far Dar has expressed no reservations and even if he appears before the court after the assets are sold then he can be granted his rights.

Shafiq also requested the court to issue an order regarding Dar properties in Islamabad and Lahore which are beyond the court's ambit.

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 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.



Comments

Popular posts from this blog

خون عطیہ کرنے کے عالمی دن کی مناسبت سے پاکستان میں متعدد سرگرمیوں کا انعقاد کیا گیا، 20لاکھ لوگوں نے فیس بک پر سائن اَپ کیا

Bilawal’s arrest will be a dangerous game: Khursheed Shah

Pakistan Peoples Party (PPP) leader Syed Khursheed Shah on Sunday said that the arrest of PPP chairman Bilawal Bhutto Zardari would be a dangerous game, one that would create ripples in the country. Speaking to media in Islamabad, Shah said Prime Minister Imran Khan is creating uncertainty and a crisis situation in the country. “He [Imran Khan] has done nothing except arrest politicians. He is being asked to do things which no other politician would do.” Responding to a question regarding Bilawal’s arrest, Shah said that a lot of courage is needed to arrest him. “It is not possible to arrest him but nothing certain can be said about this government.” "There is no need for in-house change in Sindh because the cases have been made on the bases of assumptions and it is not possible to impose governor’s rule in the province,” the senior PPP leader said. “There is no place for it in the constitution. Governor rule can only be imposed through martial law.” The former opposition le

Slain JUI-S leader’s secretary ‘missing’ since the last few days

Late Jamiat-i-Ulema Islam-Sami (JUI-S) leader Maulana Samiul Haq’s secretary Syed Ahmed Shah has been missing from his house in Akora Khattak for the last three or four days. Mr Shah is said to have discovered Maulana Samiul Haq’s body. The late JUI-S leader was stabbed in his bedroom in a Safari Villa in Bahria Town in Nov 2. Doctors said the former senator had died an hour before he was brought to the hospital. Syed Ahmed Shah was also the first to inform Maulana Hamidul Haq Haqqani, the son of Maulana Samiul Haq, of his father’s death. Syed Ahmed Shah discovered Maulana Samiul Haq’s body, informed his son of his death Maulana Hamid said Mr Shah has been missing the last three or four days. He said his family has been trying to call him on his mobile phone and that his phone has been switched off. He said Mr Shah may have either gone into hiding himself or may have been taken by the law enforcement or intelligence agencies in connection with the investigation into the JUI-S le