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Home / Breaking News / Corruption charges: NAB seeks IHC permission to sell Dar’s assets

Corruption charges: NAB seeks IHC permission to sell Dar’s assets

ISLAMABAD -UNS – The National Accountability Bureau (NAB) Tuesday filed a petition in the Islamabad High Court to sell assets held by former finance minister Ishaq Dar in Pakistan.

The bureau’s special prosecutor, Imran Shafiq said in the petition that the PML-N leader has been declared an absconder by both NAB and the court and is wanted in corruption cases.

The former finance minister was declared fugitive in case pertaining to assets beyond income means and efforts were underway to bring him back to Pakistan through Interpol.

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 filed by Imran Khan, Jamaat-e-Islami’s Sirajul Haq and Awami Muslim League’s Sheikh Rashid Ahmed.

In its reference against the finance 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 dependants of an approximate amount of Rs831.678 million (approx)”.

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 Dar absconder and rejected the minister’s petition in which he sought immunity from hearing of assets beyond known sources of income reference.

The PML-N leader is residing in London where he is reportedly undergoing medical treatment.

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