ISLAMABAD: The assets accumulation reference against former finance minister Ishaq Dar was adjourned till April 25 due to the ailment of defence counsel.
During the court proceedings on Thursday, the court was requested to delay recording witnesses’ statements against the co-accused in the case as defense counsel was ill.
The National Accountability Bureau (NAB) had filed an interim reference against Dar in September last year on the Supreme Court’s directives in the Panama Papers case.
On April 4, the co-accused named in the supplementary corruption reference against former finance minister Ishaq Dar were finally indicted after several adjournments.
In a supplementary reference filed earlier this year, NAB named National Bank of Pakistan President Saeed Ahmed, Naeem Mehmood and Mansoor Rizvi as co-accused. The latter two have been identified as directors of one of Dar’s companies. All three are accused of aiding Dar in opening fictitious bank accounts and transferring money abroad.
NAB REFERENCE:
In its reference against the former finance minister, NAB alleged that “the accused has 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 (approx)”.
The reference alleged that the assets were “disproportionate to his known sources of income for which he could not reasonably account for”.
The court has declared him a proclaimed offender over his perpetual absence from the trial proceedings and attached his movable and immovable properties.
In November 2017, the government withdrew the portfolio of finance minister of Dar.
