Published: Fri, November 17, 2017
World | By Paul Elliott

Pakistani court issues NBW to finance minister

Pakistani court issues NBW to finance minister

In the wake of Supreme Court's decision to hear the Hudaibiya Paper Mill case, National Accountability Bureau (NAB) has chose to start fresh investigation against Finance Minister Ishaq Dar in order to fulfill legal formalities.

However, Accountability Judge Mohammad Bashir dismissed Dar's application and directed his guarantors to ensure the finance minister's presence at the next hearing on Nov 21, or else face confiscation of his bail bonds.

At the November 2 hearing, the accountability court had approved NAB's request to freeze Dar's assets.

In September, a NAB court had indicted Finance Minister Ishaq Dar in a reference regarding owning assets beyond his known sources of income.

"This is the last chance for the accused (Dar) to appear before the court", The Express Tribune reported, quoting the order.

His counsel, Khawaja Haris, informed the court that he will not be able to appear before the court for another six weeks owing to medical reasons.

Subsequently, the NAB filed a Civil Petition for Leave to Appeal (CPLA) in the Supreme Court on Sept 15 for reopening of Hudaibiya Paper Mills case.

Dar, who skipped the previous three hearings on account of medical treatment, is accused by the country's anti-corruption body - National Accountability Bureau (NAB) - of possessing assets disproportionate to his declared sources of income.

"NAB has recommended to the Ministry of Interior to place Dar's name on ECL".

However, the Supreme Court called upon NAB authorities to reopen the case during Panama Papers' case proceedings after six-members Joint Investigation Team (JIT) surfaced new evidences of corruption against Sharif family members.

In the list of foreign properties and assets, the NAB mentioned a flat in Emirates Hills Dubai, owned by Dar, an apartment in Palm Jumairah Dubai, a 2003 Bentley Arnage auto, a 2006 Mercedez, two sets of shares/investment in Baraq Holdings (Pvt) Ltd and shares/investments in Al-Nahayan owned by Ishaq Dar.

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