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Ishaq Dar’s assets’ seizure: Accountability court gives NAB last chance to file reply

ISLAMABAD: An accountability court on Wednesday directed the National Accountability Bureau (NAB) to file response on plea of former finance minister, Ishaq Dar’s wife regarding seizure of their residence, ARY News reported. Dar is facing charges of accumulating assets beyond known sources of income. While giving the ‘final chance’ to NAB for filing a reply, the court asked the accountability watchdog reasons for not furnishing a reply on the petition filed by Tabassum Ishaq Dar, wife of the former finance minister…

Hamza skips appearance before NAB in assets case

LAHORE: Leader of the Opposition in Punjab Assembly Hamza Shehbaz on Friday failed to appear before the National Accountability Bureau (NAB) Lahore in connection with an inquiry launched against him for allegedly amassing assets beyond known sources of income. As per details, the PML-N leader was served a subpoena to turn up before a NAB team for questioning, but he failed to do so. He said he was unable to show up because of the current law and order situation in the provincial capital. NAB had summoned Hamza…

Govt detects 300 ‘big shots’ with foreign assets abroad

ISLAMABAD: The government has prepared a list of 300 persons who have stashed their assets abroad, said Special Assistant to Prime Minister on Accountability Mirza Shahzad Akbar. Briefing the media while flanking alongside Information Minister Fawad Chaudhry, he said Asset Recovery Unit (ARU) had started its working, adding that members of the Unit had also been selected. The PM's adviser said details of more than 10,000 properties have been received which are in Dubai and England. Federal Minister for Information…

Accountability court allows auction of Ishaq Dar’s assets

ISLAMABAD: The accountability court on Tuesday allowed the National Accountability Bureau (NAB) to sell off the assets of former finance minister Ishaq Dar. Accountability Judge Muhammad Bashir announced this verdict on a plea of the Bureau seeking court permission to auction off the seized assets of the PML-N leader who has been declared proclaimed offender in the assets case. Ishaq Dar is facing charges of accumulating assets beyond known sources of income. The judge held that the provincial government has…

Court reserves verdict on plea for selling Ishaq Dar’s assets

ISLAMABAD: An accountability court here on Monday reserved its verdict on a plea of the National Accountability Bureau (NAB) seeking its permission to auction the seized assets of former finance minister Ishaq Dar. Judge Muhammad Bashir reserved the verdict after hearing arguments from the defence and prosecution sides and is likely to pronounce the verdict later today. The NAB had moved the application before the ATC judge, requesting him to allow it to auction the PML-N leader’s assets over his inability to appear in…

NAB wants court to order sale of Ishaq Dar’s assets

ISLAMABAD: An accountability court here on Friday sought details of the seized assets of former finance minister Ishaq Dar. Judge Muhammad Bashir summoned these details on a plea by the National Accountability Bureau (NAB) to sell the PML-N leader’s assets over his inability to appear in court to face trial in a case filed against him for allegedly accumulating assets beyond his known sources of income. A NAB prosecutor contended that the accused is obliged by law to contact within six months of the seizure of his…

India’s ‘Crorepati’ PM doesn’t own a car

NEW DEHLI: India's Prime Minister Narendra Modi owns assets worth over Rs 20 million, Indian media reported while quoting the latest declaration of assets released by his Office. Modi has Rs 11,29,690 deposited in a State Bank of India account in Gandhinagar and Rs 1,07,96,288 in another SBI account. He owns gold worth more than Rs 1 lakh and has less than Rs 2 lakh tied up investments. The Indian prime minister also owns one-fourth share worth approximately Rs10 million in a residential building in Gandhinagar, a…

NAB seeks asset details of Captain Safdar, his wife

PESHAWAR: The National Accountability of Bureau (NAB) Khyber Pakhtunkhwa on Tuesday initiated an inquiry against Captain (retd) Safdar, the son-in-law of former prime minister Nawaz Sharif. The anti-graft watchdog has sought the details of assets from Safdar, his wife Maryam Nawaz and their children. The bureau is probing the family for corrupt practices and possessing assets beyond known sources of income. The bureau’s KP branch has written a letter to the deputy commissioners of the districts for the assets details,…

Pakistanis have assets worth $150 billion in UAE, SC told

ISLAMABAD: The Supreme Court was informed on Monday that Pakistanis own $150 worth of assets and properties in the United Arab Emirates (UAE).  This disclosure was made in a report submitted to a bench of the apex court, headed by Chief Justice Mian Saqib Nisar, in a fake accounts case. A chartered accountancy firm, A.F. Ferguson, submitted the report, revealing that Pakistanis have $150 billion of assets and properties in the UAE. State Bank of Pakistan (SBP) Governor Tariq Bajwa told the judges that the terms of…

Interior Ministry approaches Interpol to bring back Ishaq Dar

ISLAMABAD: In another major jolt to former finance minister, Interior Ministry on Saturday approved issuance of red warrant against Ishaq Dar, to expedite extradition process of the senior PML-N leader. The red warrant is an international notice sent to the International Criminal Police Organization (Interpol) seeking the arrest and extradition of an individual. The National Accountability Bureau (NAB) had requested issuance of such warrant to bring Dar back to the country. Meanwhile, the Federal Investigation Agency…