Punjab govt seizes Ishaq Dar’s Rs360m

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LAHORE: Rs360 million has been transferred from the bank account of former finance minister Ishaq Dar to the Government of Punjab.

An accountability court in October ordered the auction of Ishaq Dar’s assets and confiscated his bank accounts in Pakistan on a plea by the National Accountability Bureau (NAB).

NAB had filed the petition after Dar went to London for medical treatment and continues to abscond in corruption cases against him in the anti-graft court.

According to reports, Rs360 million was deposited in over a dozen accounts linked to the former finance minister.

The funds will be released to Dar if he is able to prove his innocence in court.

On Wednesday, the Supreme Court was informed that questions from United Kingdom’s Home Office pertaining to the return of Dar to Pakistan had been forwarded to NAB and the bureau would respond to them.

The court ordered NAB to respond to the UK Home Office’s questionnaire in one month and submit a report in response.