NAB seeks banking details of Dar, family by 25th
Urges SBP to contact all banks in the country to gather required information
PHOTO: REUTERS
ISLAMABAD:
The National Accountability Bureau (NAB) has asked the State Bank of Pakistan (SBP) to provide full bank account details of Finance Minister Ishaq Dar, his family members and National Bank of Pakistan (NBP) President Saeed Ahmad.
The NAB has sought, by August 25, extensive details, such as account statements from inception to date, all debit and credit vouchers, record of closed bank accounts and any other facility granted to the mentioned persons.
These details have been asked for in connection with “investigations against Ishaq Dar for accumulation of assets beyond known sources of income”, says a NAB letter sent to the SBP on Friday.
The SBP has been requested to contact all banks in the country to gather the required information.
Justice Ijazul Ahsan to monitor NAB proceedings against Sharif family, Ishaq Dar
Specifically, details of bank accounts of Finance Minister Ishaq Dar, his wife Tabassum Ishaq Dar, his sons Ali Mustafa Dar and Mujtaba Husnain Dar and Asma Ali Dar, the wife of Ali Mustafa Dar, have been sought. Banking transactions and related banking record of NBP President Saeed Ahmad has also been asked for.
The Supreme Court had, in its verdict on the Panamagate case, ordered the NAB to file four references against former PM Sharif, his family members and others within six weeks before accountability courts in Rawalpindi and Islamabad on the basis of the material collected and referred to by the Joint Investigating Team (JIT).
The court also directed the NAB to file a reference against Finance Minister Dar for possessing assets and funds beyond his known sources of income.
The JIT had observed that Dar’s wealth had swelled 91 times within a short span of time and such unrealistic increase in wealth needed to be investigated.
Sharif family to not appear before NAB until SC decides review petitions
Meanwhile, a meeting to review the performance of all NAB wings was also held under Chairman NAB Qamar Zaman Chaudhry.
According to a statement, the chairman NAB reiterated that the bureau believed in zero tolerance against corruption.
Terming NAB’s National Anti-Corruption Strategy proactive and successful, he said that the feedback received about initiatives taken by the NAB was very encouraging. The current conviction ratio was nearly 76 per cent, he said.
According to him, the NAB had perfected its procedures and tried to overcome organisational weaknesses. “Operations, prosecution, human resource development and awareness and prevention remain pillars of the organisation.”
He said that an effective accountability mechanism was crucial for national economic growth, promotion of investment and stability of social order. He said the NAB was committed to combating corruption, realising that eradication of corruption was a national duty.
The National Accountability Bureau (NAB) has asked the State Bank of Pakistan (SBP) to provide full bank account details of Finance Minister Ishaq Dar, his family members and National Bank of Pakistan (NBP) President Saeed Ahmad.
The NAB has sought, by August 25, extensive details, such as account statements from inception to date, all debit and credit vouchers, record of closed bank accounts and any other facility granted to the mentioned persons.
These details have been asked for in connection with “investigations against Ishaq Dar for accumulation of assets beyond known sources of income”, says a NAB letter sent to the SBP on Friday.
The SBP has been requested to contact all banks in the country to gather the required information.
Justice Ijazul Ahsan to monitor NAB proceedings against Sharif family, Ishaq Dar
Specifically, details of bank accounts of Finance Minister Ishaq Dar, his wife Tabassum Ishaq Dar, his sons Ali Mustafa Dar and Mujtaba Husnain Dar and Asma Ali Dar, the wife of Ali Mustafa Dar, have been sought. Banking transactions and related banking record of NBP President Saeed Ahmad has also been asked for.
The Supreme Court had, in its verdict on the Panamagate case, ordered the NAB to file four references against former PM Sharif, his family members and others within six weeks before accountability courts in Rawalpindi and Islamabad on the basis of the material collected and referred to by the Joint Investigating Team (JIT).
The court also directed the NAB to file a reference against Finance Minister Dar for possessing assets and funds beyond his known sources of income.
The JIT had observed that Dar’s wealth had swelled 91 times within a short span of time and such unrealistic increase in wealth needed to be investigated.
Sharif family to not appear before NAB until SC decides review petitions
Meanwhile, a meeting to review the performance of all NAB wings was also held under Chairman NAB Qamar Zaman Chaudhry.
According to a statement, the chairman NAB reiterated that the bureau believed in zero tolerance against corruption.
Terming NAB’s National Anti-Corruption Strategy proactive and successful, he said that the feedback received about initiatives taken by the NAB was very encouraging. The current conviction ratio was nearly 76 per cent, he said.
According to him, the NAB had perfected its procedures and tried to overcome organisational weaknesses. “Operations, prosecution, human resource development and awareness and prevention remain pillars of the organisation.”
He said that an effective accountability mechanism was crucial for national economic growth, promotion of investment and stability of social order. He said the NAB was committed to combating corruption, realising that eradication of corruption was a national duty.