Verdict in Dar asset auction application reserved

Dar is accused of accumulating assets beyond known sources of income

Rizwan Shehzad October 01, 2018

ISLAMABAD: The accountability court on Monday reserved its verdict in an application filed by the National Accountability Bureau (NAB) seeking auction of former finance minister Ishaq Dar's assets.

During today's hearing, Judge Mohammad Bashir reserved judgement after NAB submitted details of the absconding PML-N leader. Dar is accused of accumulating assets beyond known sources of income.

The application filed by NAB's prosecutor, Imran Shafique, under Section 99 of the Criminal Procedure Code (CrPC) and sub-sections (2) and (3), the accountability body also asked the court to appoint a beneficiary who would deposit the recovered amount to the treasury.

Red warrants issued to bring Dar back

NAB maintained that Dar was arrayed as an accused but fled the country without facing trial and ignored multiple summons and arrest warrants. Shafique recalled that court issued a proclamation under Section 87 of the CrPC and directed the former finance minister to appear at a specified time but the orders were ignored, hence, Dar was proclaimed an offender.

The application also stated that more than six months had passed but the accused had consciously refused to appear before the court. NAB's counsel further claimed that the accused “faked an ailment”. “He has failed to justify his unavailability.”

Government issues red warrant to bring Ishaq Dar back

According to NAB, some of Dar’s properties were already attached by the court on November 2, 2017, while others remained beyond the jurisdiction of the court. Therefore, the bureau sought orders for attachment and appointment of a receiver.

The application prayed to the court appoint a district officer to receive and deposit the amount in the treasury and for the state to take possession of Dar’s movable assets.


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