Dar gets court relief in assets case

By November 26, 2022Pakistan

Abbasi urges to expedite COAS summary
New 'Avatar' film gets rare China release
AC returns reference against finance minister to NAB
An accountability court in Islamabad on Tuesday ended corruption proceedings against Finance Minister Ishaq Dar by returning the reference of assets beyond known sources of income to the National Accountability Bureau (NAB).
Judge Muhammad Bashir, while announcing the reserved decision on Dar’s acquittal plea, declared that it was no longer the court’s authority to decide such matters after the recent amendments to the accountability law.
The judge added that the court could announce a verdict in the favour of neither NAB, nor the suspect.
“The trial against Ishaq Dar ends here," the judge remarked.
The court had reserved its judgment a day earlier.
The anti-graft watchdog’s reference for possessing assets beyond known sources of income was submitted to the court in September 2017 on the recommendations of the apex court in its Panamagate verdict.
It named Dar, former National Bank president Saeed Ahmed, Naeem Mehmood and Mansoor Raza Rizvi.
The four men had filed their acquittal pleas.
The reference contained the accounts of 42 witnesses, including the investigating officer of the case, Nadir Abbas.
The NAB alleged in reference that Dar had “acquired assets and pecuniary interests/resources in his own name and/or in the name of his dependants of an approximate amount of Rs831.678 million”.
It added the assets were “disproportionate to his [Dar's] known sources of income for which he could not reasonably account for”.
After his indictment in September 2017, Dar  left the country and remained in self-exile for the next five years.
During this period, he was declared a proclaimed offender and an accountability court also issued perpetual warrants against him on December 11, 2017.
However, in September this year, the warrants were suspended until October 7, giving Dar a fortnight to surrender to the law.
Ishaq Dar returned to the country after concluding his visit to New York and London on September 26.
He appeared before the accountability court on September 28 in the assets reference, right after taking oath of office as federal minister.
Explaining his reasons to not have appeared before the court all these years, Dar told the court that his passport was cancelled by the Imran Khan-led PTI government, and all embassies had also been instructed to not issue a new passport to him.
“Despite my poor health, I still wanted to return and now that I have been issued a passport, I have come back,” Dar told Judge  Bashir.
During the hearing, NAB was issued a notice on Dar’s plea seeking cancellation of the arrest warrant against him.
Dar recently approached the accountability court and filed a petition for his acquittal in the case, unfreezing of his assets, and a permanent exemption from personal attendance in the proceedings.
COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ
Renowned comedian Ismail Tara passes away in Karachi
Updated Nov 24, 2022
Who is country's new army chief Asim Munir?
Updated Nov 24, 2022
General Asim was prematurely removed as chief of ISI on the request of then prime minister Imran Khan
Balenciaga apologises for controversial campaign 'sexualising' children
Updated Nov 24, 2022
The series of adverts featured children carrying the brand's 'plush bear bags'
From Sajal Aly to Feroze Khan: Presenting the Lux Style Award winners of 2022
Updated 20 hours ago
Here’s who won big at the 21st edition of LSA
Govt goes by seniority principle for change in command
Updated Nov 24, 2022
PM appoints Gen Asim Munir as new army chief, Gen Sahir Shamshad Mirza as new CJCSC
Who is country’s new army chief Asim Munir?
Updated Nov 24, 2022
Govt goes by seniority principle for change in command
Updated Nov 24, 2022
PM appoints Gen Asim Munir as new army chief, Gen Sahir Shamshad Mirza as new CJCSC
Govt has other plans if Alvi delays COAS’ summary
Updated Nov 24, 2022
Under the Constitution, the president may stretch the appointment of the new army chief for 25 days
Balenciaga apologises for controversial campaign 'sexualising' children
Updated Nov 24, 2022
The series of adverts featured children carrying the brand's 'plush bear bags'
Renowned comedian Ismail Tara passes away in Karachi
Updated Nov 24, 2022
Famous actor was being treated at a private hospital after developing kidney problems
Finance Minister Ishaq Dar calls on President Arif Alvi
IT minister warns Ishaq Dar against stopping funds
Foreign office takes notice of heckling of Ishaq Dar in US
PML-N's Ishaq Dar known for propping up rupee in earlier stints
Ishaq Dar finally appears before court in NAB assets case
Ishaq Dar sworn in as new finance minister
Vawda’s judgment shows inconsistency in SC verdicts
Pakistan’s default risk probability stands at only 10%: Dar
Modi ‘taught lesson to anti-social elements’ in Gujarat: Indian minister
Pakistan invites Turkiye to join hands for production of renewable energy
Explainer: Why Pakistan's army chief matters far beyond its borders
SBP raises policy rate to 16% to curb inflation
One On One: Hasan Rizvi
One On One: Fatima Tariq
Style Anatomy: Anjiya Mithani
پی ٹی آئی راولپنڈی میں آج عوامی طاقت کا مظاہرہ کرے گی
سیاست میں آنے کے بعد سے جان کو خطرہ ہے اب مرنے کے خوف پر قابو پالیا، عمران خان
پولیس والے اغوا کار کی طرح آئے تو جان بچانے کیلیے فائرنگ کی، مفرور ملزم خرم نثار
آڈیو لیکس کے بعد حساس دفاتر و اداروں کی سائبر سیکیورٹی یقینی بنانے کا فیصلہ
پنڈی اجتماع میں کچھ ہوا تو ذمہ دار حکومت اور رانا ثنا اللہ ہوں گے، پی ٹی آئی
پاکستان کے دیوالیہ ہونے کے امکانات بہت کم ہیں، وزیر خزانہ
Renowned comedian Ismail Tara passes away in Karachi
Who is country's new army chief Asim Munir?
Balenciaga apologises for controversial campaign 'sexualising' children
From Sajal Aly to Feroze Khan: Presenting the Lux Style Award winners of 2022
Govt goes by seniority principle for change in command
Afghanistan repairs 70 military planes, helicopters damaged by US
Averred infallibility imperils democracy
Understanding global supply chains
PTI returns to economy
Here everything loses its meaning
Social life and governance in Mughal India
When leaders got it right
This material may not be published, broadcast, rewritten, redistributed or derived from. Unless otherwise stated, all content is copyrighted © 2022 The Express Tribune.

See also  Swapping debt for nature

source

Spread the love

Leave a Reply