What's new

Assets beyond income: Court allows NAB to auction property of Ishaq Dar

ASKardar

FULL MEMBER
Joined
Oct 2, 2019
Messages
647
Reaction score
1
Country
Pakistan
Location
Pakistan

ISLAMABAD – Accountability Court Judge Muhammad Bashir allowed the National Accountability Bureau (NAB) to auction the property of former finance minister Ishaq Dar.


The court announced the verdict on the application of Tabassum Ishaq Dar. It also rejected her application seeking provision of the video made during the raid on their house.

Earlier, the NAB had confiscated all of Ishaq Dar’s moveable and immoveable assets, including a house in Gulberg III, Lahore; three plots in Al Falah Housing Society, Lahore; six acres of land in Islamabad; a two-kanal plot in Parliamentarians Enclave, Islamabad; a plot in the Senate Cooperative Housing Society, Islamabad; a plot measuring two kanals and another of nine marlas in Islamabad and six vehicles.

It was stated that Ishaq Dar had acquired in his name and/or in the names of his dependants’ assets worth Rs831.7m, which was disproportionate to his known sources of income.

On Oct 2, 2018, Judge Muhammad Bashir had attached Ishaq Dar’s properties with the Punjab government and allowed its auction as per rules.

The same month, Tabassum filed an application in the accountability court against the confiscation of the property of her husband after he was declared an absconder in the reference filed by NAB.

She had contended that her husband had verbally gifted the property to her on Feb 14, 1989, in lieu of her dower amount. She said that since she had accepted the gift and was residing there, NAB had erroneously shown the property as an asset of Dar. She had requested the court to cancel the order for the auction of the property.

The NAB, in reply, said that the house was registered in the name of Dar in the revenue record and was not yet transferred to the name of his spouse.

SOURCE: https://92newshd.tv/assets-beyond-income-court-allows-nab-to-auction-property-of-ishaq-dar
 
. .
ISLAMABAD: Responding to Interpol rejecting a request by Pakistan to issue former finance minister Ishaq Dar’s red arrest warrants and giving him a clean chit, National Accountability Bureau (NAB) said on Monday he has been declared a proclaimed offender over his perpetual absence in an assets beyond means case.

A spokesperson for the corruption watchdog said it has prepared a reference against the PML-N leader over possessing assets beyond his known sources of income. Interpol lacks powers to declare anyone innocent, he added.

He said the bureau has options other than Interpol to bring Dar back, adding efforts are afoot for his extradition.

Moreover, the spokesperson said Interpol had issued its decision about the former federal minister’s extradition a few months back, and presenting it at present is nothing if not propaganda.

Interpol issued a clean chit to Ishaq Dar while rejecting a request for issuing his red warrants.

The Ministry of Interior of Pakistan had earlier requested the International Criminal Police Organisation (Interpol) to issue a red arrest warrant notice against Ishaq Dar who is facing corruption cases in the country.

The Interpol accepted the evidence submitted by Dar to it after the request of the government of Pakistan.

Dar in his evidence claimed that some elements and the incumbent government in Pakistan was subjecting him to political revenge.


The Interpol General Secretariat decided the matter in a session of the Commission for the Control of Files.


The International Criminal Police Organisation also informed all its National Central Bureaus (NCBs) to delete all data files in their systems on Ishaq Dar, issuing him a clean chit that he was not subject to an Interpol Red Notice.


https://arynews.tv/en/nab-interpol-rejecting-plea-ishaq-dars-extradition/
 
. . . .
.

Pakistan Defence Latest Posts

Back
Top Bottom