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assets reference

Court adjourns Assets Case hearing against Dar till May 9

ISLAMABAD: The accountability court on Wednesday adjourned the hearing of a corruption reference against former finance minister Ishaq Dar till May 09. The former minister was indicted in a case for accumulating assets beyond his known sources of income. Accountability court in Islamabad presided over by Judge Muhammad Bashir heard the case against Ishaq Dar today. Three co-accused – National Bank president Saeed Ahmad, Naeem Mehmood and Mansoor Raza Rizvi were present during the court hearing. The trio faces…

Assets Reference hearing against Dar adjourned

ISLAMABAD: Charges could not be framed against former finance minister Ishaq Dar in a corruption reference being heard by an accountability court here on Wednesday. Accountability Judge Muhammad Bashir heard the assets reference against Ishaq Dar. The court granted an exemption of two days from appearing in the court to the National Bank of Pakistan (NBP) President Saeed Ahmed. The court also ordered the accused to deposit Rs. one million surety bonds in the next hearing and adjourned the hearing till March 30.…

More NAB witnesses testify against Ishaq Dar in assets reference

ISLAMABAD: An accountability court on Friday resumed hearing of the assets reference filed against former finance minister Ishaq Dar by the National Accountability Bureau (NAB). Accountability Judge Muhammad Bashir recorded the statement of prosecution witnesses, Muhammad Naeem, Zafar Iqbal, Saeed Ahmed Khan and Qaboos Aziz, who were subsequently cross-examined by defense lawyer. At the previous hearing, the court recorded the statements of witnesses Ali Akbar, former Assistant Commissioner of Raiwind, Niaz Subhani and…

Accountability court likely to declare Ishaq Dar proclaimed offender today

ISLAMABAD: An accountability court on Monday resumed the hearing into a reference filed against former finance minister Ishaq Dar by the National Accountability Bureau (NAB) for allegedly amassing wealth beyond his known sources of income. As Judge Muhammad Bashir resumed the hearing, Dar's lawyer submitted his client's medical report, which the court rejected and directed him to submit a verified report. The court is to decide today whether or not to confiscate Dar's surety bonds worth Rs5 million as the final…

NAB initiates process of declaring Ishaq Dar proclaimed offender

ISLAMABAD: The National Accountability Bureau (NAB) has initiated the process of declaring former finance minister Ishaq Dar a proclaimed offender over his perpetual absence from the trial proceedings in the assets reference filed against him. The NAB's investigating officer pinned a notice to the board outside the accountability court in Islamabad on Wednesday, warning Dar to turn up before the court within 10 days or he will be declared a proclaimed offender. Dar has been accused of amassing wealth beyond his known…

Court declares Ishaq Dar absconder in assets reference

ISLAMABAD: An accountability court on Tuesday granted a request by the National Accountability Bureau (NAB) to initiate proceedings to declare Finance Minister Ishaq Dar as a proclaimed offender in the assets reference filed against him. Dar, who is currently in London, skipped the today's hearing despite issuance of non-bailable warrants for his arrest. He has been accused of accumulating wealth disproportionate to his known sources of income. Judge Muhammad Bashir declared the finance minister as an absconder and…

Accountability court issues non-bailable arrest warrants for Ishaq Dar

ISLAMABAD: An accountability court on Tuesday issued non-bailable arrest warrants of Finance Minister Ishaq Dar during trial proceedings in the reference filed against him for allegedly having assets beyond his known sources of income. Accountability Judge Muhammad Bashir issued non-bailable arrest warrants of the Finance Minister over his perpetual absence from the court proceedings. Ishaq Dar did not appear before the court today despite issuance of bailable warrants against him. He is undergoing treatment in London…

Accountability court acquits Asif Zardari in ‘illegal assets’ case

KARACHI: An accountability court on Saturday acquitted former president Asif Ali Zardari in a case pertaining to his "illegal assets" in Pakistan and abroad, ARY News reported. Lawyer Farooq H Naek had filed a petition to acquit the accused. Accountability Court Judge Khalid Mehmood Ranjha held hearing of the case against Zardari. The court announced the verdict after hearing arguments from both the sides for three months. The accountability court was reportedly not provided enough evidences against the former…