Thursday , January 18 2018
Breaking News
Home / Business / NAB court adjourns Dar assets reference hearing till 18th
NAB court adjourns Dar assets reference hearing till 18th

NAB court adjourns Dar assets reference hearing till 18th

ISLAMABAD: The accountability court on Tuesday adjourned hearing of the assets reference case against former finance minister Ishaq Dar till January 18.

Justice Muhammad Bashir, hearing the reference filed by the National Accountability Bureau (NAB) against the PML-N leader, adjourned the hearing after the NAB special prosecutor submitted a copy of the Islamabad High Court’s (IHC) stay order to the accountability court.

The IHC, after hearing Dar’s petitions earlier in December against the accountability court’s order declaring him a proclaimed offender and issuance of non-bailable arrest warrants for him, barred the accountability court from proceedings against the former finance minister till January 17, 2018.

During the hearing on December 18, 2017 four witnesses had recorded their statements before the accountability court including private bank officer Faisal Shahzad, Director National Assembly Sher Dil Khan, Director Ministry Commerce Qamar Zaman and Deputy Secretary Cabinet Division Wasif Hussain.

Witness Faisal Shahzad had also submitted details of bank accounts of Dar’s wife before the court.

The court had directed NAB to submit its report pertaining to confiscation of properties of Dar and his guarantors and dismissed Dar’s request to appoint Qazi Misbah as his counsel.

Dar is accused of possessing assets disproportionate to his declared sources of income.

A reference against the former finance minister was filed by the NAB in light of the Supreme Court’s July 28 verdict in the Panama Papers case.

Dar had been earlier declared a proclaimed offender by the accountability court due to his continuous absence from the proceedings.

On November 23, Prime Minister Shahid Khaqan Abbasi accepted Dar’s request to be relieved of his duties as finance minister. He was relieved of his three roles, including his portfolio in the finance ministry.