NAB court to announce verdict regarding auction of Dar’s assets today

AC adjourns Ishaq Dar’s assets case till Nov 22

ISLAMABAD: An accountability court in Islamabad is all set to announce verdict today on National Accountability Bureau’s (NAB) plea seeking auction of former finance minister Ishaq Dar’s properties.
The verdict was reserved yesterday.
During the hearing headed by Justice Mohammad Bashir, NAB prosecutor Imran Shafique submitted details of Dar’s forfeited properties.
Earlier, NAB had approached the accountability court for the auction of movable and immovable properties of the ex-minister as he is absconding in assets beyond income reference.
The bureau had also seized all properties of Mr Dar that included a house in Lahore, three plots in Al-Falah Housing Society, six acres of land in Islamabad, two-kanal plot in Parliamentarians Enclave, one plot in the Senate Cooperative Housing Society, another plot of two kanals and nine marlas in Islamabad and six vehicles.
On July 28, a five-member Supreme Court bench had ordered NAB to file three references against former prime minister Nawaz Sharif and one against Dar, on petitions of Pakistan Tehreek-i-Insaf’s Imran Khan, Jamaat-i-Islami’s Sirajul Haq and Awami Muslim League’s Sheikh Rashid Ahmed.
In its reference against the former minister, NAB had alleged that “the accused had acquired assets and pecuniary interests/resources in his own name and/or in the name of his dependents of an approximate amount of Rs831.678 million”.
The reference alleged that the assets were “disproportionate to his known sources of income for which he could not reasonably account for”.
In November last year, the accountability court had declared ex-finance minister Ishaq Dar absconder and rejected the minister’s petition in which he sought immunity from hearing of assets beyond known sources of income reference.
PML-N leader remained in London where he is reportedly undergoing a medical treatment for a heart disease.


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