NAB submits details of Dar’s seized assets in court | Pakistan Today

NAB submits details of Dar’s seized assets in court

  • Dar owns three flats in Dubai, house in Gulberg, four plots in Islamabad, one luxury car

ISLAMABAD: The National Accountability Bureau (NAB) on Friday submitted details of former finance minister Ishaq Dar’s assets that have been seized by government authorities due to his non-appearance in court in connection with an illegal assets reference against him.

The directives were made when Accountability Court Judge Muhammad Bashir heard NAB’s petition to sell Dar’s assets in Pakistan.

As the hearing began, NAB special prosecutor Imran Shafiq said if reservations are not raised within the given time then the assets can be sold. “The accused can approach the court till six months after the assets are sold,” he added.

Shafiq further said that so far Dar has expressed no reservations and even if he appears before the court after the assets are sold then he can be granted his rights.

Judge Bashir asked NAB special prosecutor Imran Shafiq to submit details of Dar’s properties that have been seized in Islamabad and Lahore.

After the hearing resumed, the NAB prosecutor submitted the details of the seized assets.

According to NAB, Dar owns three flats in Dubai, a house in Lahore’s Gulberg, four plots in Islamabad and one luxury car.

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

Earlier on Thursday, NAB had filed the petition seeking the court’s permission to sell off Dar’s assets in Pakistan as he has been absconding.

The petition was filed by NAB’s special prosecutor Imran Shafiq and stated that the Pakistan Muslim League-Nawaz (PML-N) leader went to London for medical treatment and continues to abscond in corruption cases against him in the accountability court.

The petition further stated that “some of Dar’s properties have been seized while others are beyond the accountability court’s ambit”.

NAB further requested the court to issue an order on the former finance minister’s remaining properties and to appoint revenue officers of related districts as representatives.

Further, NAB in its petition stated that money raised in the form of rent on Dar’s properties should be added in the national exchequer.

On July 21, the Interior Ministry had approved the issuance of red warrants against Ishaq Dar.

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