Court’s Verdict: Plea Accepted, Dar’s Assets, Bank Accounts to Auction


Court Reveals Verdict on NAB’s Request to Auction Dar Assets, Bank Accounts

On Tuesday, the accountability court announced its verdict on the National Accountability Bureau’s (NAB) request to sale former finance minister Ishaq Dar assets in Pakistan.

Announcing the judge’s final decision, the accountability court ordered the provincial government to immediately take control of the former finance minister’s assets and bank accounts and put them on sale.

On the 27th of September, after the leader of the Pakistan Muslim Leaue-Nawaz ) PML-N, NAB went to London for medical treatment, NAB filed a petition and still continues to flee in corruption cases against him in the accountability court.

Earlier last week, NAB had also submitted details of Dar’s assets that have been seized before the accountability court.

NAB’s special prosecutor, Imran Shafiq informed the court that Dar owns three flats in Dubai, a house in Lahore’s Gulberg, one luxury car, and four plots in Islamabad.

NAB also informed that the former finance minister is a shareholder of three Dubai-based companies. NAB also stated that his wife owns six cars in Pakistan. “Dar and his wife have also invested Rs3,453,000 in Hajveri Holdings Pvt Limited,” Shafiq added.

The Dar Assets Case:

The case involves accusing the former finance minister of possessing assets which don’t account for or can be his property due to his declared sources of income.

NAB filed a reference against the former finance minister in light of the Supreme Court’s July 28 verdict in the Panama Papers case.

Dar was also declared a proclaimed offender earlier by the accountability court due to his continuous absence in the court sessions.

Earlier 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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