Accountability Court orders auction of Dar’s assets, bank accounts

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2018-10-02T10:12:49+05:00

Islamabad (Staff Report): An accountability court on Tuesday ordered the auction of former finance minister Ishaq Dar’s assets and bank accounts in a case pertaining to possession of assets beyond his known sources of income.

Accountability court judge Muhammad Bashir accepted the National Accountability Bureau’s (NAB) plea to auction Dar's assets in Pakistan.

On Monday, the court reserved its verdict on the NAB plea.

Announcing the verdict, the court ordered the Punjab government to immediately seize the former finance minister’s assets and bank accounts and auction them.

The court remarked that action against Dar's assets abroad would also be taken on the basis of the law.

Dar has been in London since October 2017 where he has reportedly been undergoing medical treatment.

In December 2017, an accountability court had declared the former finance minister an absconder in a reference after he failed to join the trial against him.

Last week, NAB had submitted details of Dar's assets that have been seized before the accountability court.

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