NAB tightens the noose further against former minister Ishaq Dar

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NAB tightens the noose further against former minister Ishaq Dar

The National Accountability Bureau (NAB) has sought permission to arrest former finance minister Ishaq Dar and State Bank of Pakistan (SBP) former governor Ashraf Wathra along with six other officials on charges of alleged non-transparent merger of two banks.

Earlier on November 3, NAB Karachi had sent arrest warrants of eight persons to the bureau’s headquarters requesting permission to take the accused into custody in case of “the non-transparent amalgamation of KASB Bank into BankIslami.”

“Permission has been sought to arrest Ishaq Dar, who is currently residing in London; Ashraf Wathra; a former senior official of the Ministry of Finance and five central bank officials who is currently serving at key positions,” official documents state.

According to a report by the Express Tribune, NAB investigators stated that several provisions of information letters, reminders were sent to the SBP for procuring internal memos, minute sheets, note sheets, and other relevant records in order to establish criminality on the part of responsible officers but the said information was never made available.