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Accountability court hears assets case against Ishaq Dar

ISLAMABAD: An accountability court on Wednesday resumed the hearing of a reference filed against former finance minister Ishaq Dar for allegedly accumulating assets beyond his known sources of income. 

Judge Muhammad Bashir, who presided over the trial proceedings in Islamabad, recorded statements of two witnesses after which they were cross-examined by a lawyer representing co-accused in the case.

The judge directed the prosecution to produce five more witnesses on next hearing to record their testimonies.

The hearing of the case was put off till July 4.

On Feb 26 this year, the anti-graft watchdog filed a supplementary reference against Ishaq Dar in the assets case with regard to alleged accumulation of wealth disproportionate to his known sources of income.

Three co-accused, including National Bank of Pakistan President Saeed Ahmed, Mansoor Raza and Naeem Mehmood, were also nominated in the reference.

The NBP president had earlier said he came to know in 2016 that as many as seven accounts were being operated in his name. His signatures were faked to open such accounts, he claimed.

A NAB prosecutor argued that millions of rupees were transacted into the foreign currency accounts, which were operated from 1997 to 2006.

He expressed surprise how come the NBP President was not in the know about these accounts having been opened in his name.

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