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l_165637_085941_updates.jpg
165637_5445104_updates.jpgFinance Minister Ishaq Dar. Photo: Geo News 

ISLAMABAD: The accountability court hearing a corruption case against Finance Minister Ishaq Dar will resume its proceedings today. 

At the last hearing on October 30, the minister, accused by the National Accountability Bureau (NAB) of possessing assets that are disproportionate to his known sources of income, was a no-show. 

The court had then issued bailable warrants for his arrest and sent a notice to the minister's guarantor who has submitted the surety bond on his behalf. 

The court, according to media reports, had also summoned the minister's sons to appear today.

On Wednesday, NAB officials claimed that Dar?s guarantor, Ahmed Ali Quddusi, is not available on the address given to the court.

However, Quddusi, speaking to Geo News, claimed he had given his contact details to the court and is yet to be approached by NAB.

In case Dar does not appear in court today, sources said his surety bond will be confiscated and non-bailable warrants would likely be issued for his production in court.

Ishaq Dar's assets

The court is also expected to take up today NAB's plea to freeze Dar's assets. The bureau froze the assets after its chairman ordered to do so on October 18 but it needs the court's endorsement as according to NAB laws, the order is only valid for 15 days.

NAB is seeking the freezing of Dar's six bank, properties and vehicles in Pakistan and the United Arab Emirates as well as investments in both countries.

NAB has listed the properties and assets of Dar as follows: A house in Gulberg, Lahore, a two-kanal plot in Parliamentarians Enclave, Islamabad, a two-kanal plot with Ayaz Builders (Pvt) Ltd, a plot in Senate Cooperative Housing Society, Islamabad, a two kanal and 19 marla plot in the name of Mrs Tabassum Dar, three plots in Alflah Housing Society, Lahore owned by Dar, his wife and son Ali Mustafa Dar and six acres in Mouza Milot owned by him and his wife.

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 car, a 2006 Mercedez, two sets of shares/investment in Baraq Holdings (Pvt) Ltd and shares/investments in Al-Nahayan owned by Ishaq Dar.

The list of cars in Pakistan include a 2004 Land Cruiser owned by Mrs Dar, a 1999 Land Cruiser, a 2004 Toyota Corolla, a 1998 Mercedez Benz, a 2008 Mercedez and a 2014 Land Cruiser.

Moreover, Dar and his wife have made an investment of Rs3,453,060 in Hajveri Holdings (Pvt) Ltd and Rs2,700 shares by in Sui Northern Gas Pipelines Ltd.

NAB, in its application, has informed the court of serious apprehensions that the accused, his dependents/benamidars might dispose of, alienate, sell, create charge or change the status of the properties/investments.


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