Times of Islamabad

NAB tightens the noose further against former minister Ishaq Dar

NAB tightens the noose further against former minister Ishaq Dar

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

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

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

According to a report by the Express Tribune, NAB investigators stated thatseveral provisions of information letters, reminders were sent to the SBPfor procuring internal memos, minute sheets, note sheets, and otherrelevant records in order to establish criminality on the part ofresponsible officers but the said information was never made available.