ISLAMABAD: An accountability court has confirmed freezing of assets, bank accounts and investments of Finance Minister Ishaq Dar in Pakistan and abroad by the National Accountability Bureau (NAB) with the exception of an official account dealing with the affairs of the Accountant General of Pakistan Revenue (AGPR).
While submitting details of Dar’s moveable and immovable assets, his family, dependents, and benamidars, NAB requested the court to endorse its action because “there is serious apprehension that the accused or his dependents/benamidars may dispose of, alienate, sell, create charge or change the status of the property”.
In the application, NAB listed details of six bank accounts in Lahore and Islamabad, 13 assets within the country and seven assets and companies abroad. Dar has two Mercedes Benz, three Land Cruisers and a Toyota Corolla in the country. One of the Land Cruisers is registered in his wife’s name.
NAB seeks court’s nod for freezing Dar’s assets
Dar claimed the worth of his villa had been wrongly stated as AED101.87 million in the NAB reverence/charge sheet and the actual amount was AED10.18 million, according to the wealth statement filed byDar in the ECP in 2010.
The bureau informed the accountability court Judge Muhammad Bashir that the assets “in the name of the accused Muhammad Ishaq Dar and/or his dependents/benamidars [are] disproportionate to his known sources of income, which he could not reasonably account for”.
It informed the court that while exercising powers under Section 12 of the NAB Ordinance of 1999, it had passed the order for freezing the property, bank accounts, and investments.
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