Assets reference: AC resumes hearing against Ishaq Dar today

Assets reference: AC resumes hearing against Ishaq Dar today
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ISLAMABAD: The accountability court (AC) will today (Monday) resume hearing of assets beyond income reference against former finance minister Ishaq Dar.

The court is likely to confiscate the Rs 5 million bail surety bond furnished by Dar’s guarantor, Ahmad Ali Quddusi.

The court is also likely to order the National Accountability Bureau (NAB) to initiate the legal process to declare Dar a proclaimed offender due to his continuous absence from the trial on medical grounds.

Dar, who is receiving medical treatment in London for a heart condition, skipped the hearings despite issuance of non-bailable warrants for his arrest. He has been accused of accumulating wealth disproportionate to his known sources of income.

The former finance minister had been relieved of his duties, following speculation about his future after he failed to appear in court to answer corruption charges. Prime Minister Shahid Khaqan Abbasi granted Dar sick leave.

Dar, who has been charged with amassing wealth beyond his known sources of income, has missed court hearings conducted by the anti-graft agency the National Accountability Bureau (NAB).

The charges against Dar followed an investigation into the finances of former prime minister Nawaz Sharif, who was ousted in July after the Supreme Court disqualified him for not declaring a small salary from his son’s off-shore company.

The former minister is one of Sharif’s closest political allies and Dar’s son has married Sharif’s daughter. Both men deny any wrongdoing.

 

 

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