Ishaq Dar Accused of Possessing Assets Disproportionate to His Declared Sources of Income: Hearing Adjourned Till 20th March

Ishaq Dar Accused of Possessing Assets Disproportionate to His Declared Sources of Income: Hearing Adjourned Till 20th March

0

ISLAMABAD: The assets accumulation reference against former finance minister Senator Ishaq Dar was adjourned on Wednesday until March 20.

The accountability court had earlier reserved its decision on the plea of two other accused against their indictment during yesterday’s hearing.

Judge Mohammad Bashir, who is moderating the case, had ordered to indict National Bank of Pakistan (NBP) President Saeed Ahmed, Naeem Mehmood and Mansoor Rizvi on March 13.

The three have been accused in the supplementary reference filed by the National Accountability Bureau (NAB) against the former finance minister.

Two of the three accused in the case had petitioned the court last week against their planned indictment. The counsel of Mehmood and Rizvi had argued before the judge that NAB had provided their clients with a 700-page-long reference, many pages of which are unclear.

After hearing arguments from the suspects’ counsel Qazi Misbah, the court had set aside its order regarding the matter. The NAB prosecutor had contradicted the plea arguing that it is a deferring tactic by the defense.

Moreover, during Monday’s hearing, NBP President Ahmed had challenged his nomination as an accused and pleaded the court to declare it null and void for lack of evidence.

Dar, a close aide of Pakistan Muslim League-N chief Nawaz Sharif, is condemned for possessing assets disproportionate to his declared sources of income.

NAB filed an interim reference against Dar in September last year in light of the Supreme Court’s July 28, 2017, verdict in the Panama Papers case.

The recently-filed supplementary reference is purely based on seven volumes and includes the account details of the suspects, with transactions amounting to $4.06 million, according to NAB’s Special Prosecutor Imran Shafiq. The three accused in the supplementary reference are identified as directors of Dar’s companies.

Dar was recently re-elected to the Senate of Pakistan.

About author
Profile photo of Urooj Fatima

Urooj Fatima

A self-motivated & result oriented individual whose modus operandi is to weave elements of success together & forge ahead in all spheres of life.

Your email address will not be published. Required fields are marked *