Court allows NAB to auction Ishaq Dar’s properties, dismisses plea against it

An accountability court in Islamabad refused on Thursday a plea against the auctioning of finance minister Ishaq Dar’s house in Lahore.

The plea against auctioning Ishaq Dar’s property was Registered with his wife.
Dar’s movable and immovable assets were seized by NAB last year in September.
The former minister has been absconding court proceeding since 2017.

The minister’s spouse Tabassum had filed an application in the court asking it not the auction Dar’s house in Gulberg Lahore, as it was her house. Throughout the proceedings, headed by accountability court judge Mohammad Bashir, her petition was rejected after the National Accountability Bureau (NAB) would be auctioning the possessions.

Last year, NAB had captured Dar’s movable and immovable assets after Judge Bashir accepted the bureau’s petition.

On Monday, Interpol refused Pakistan’s request to issue a red warrant against the former minister and gave him a clean chit. The interpol has also led its National Central Bureaus (NCBs) to delete all data files in their programs on Dar. It also urged NCBs to update their national databases accordingly and make sure that the same is done by all national entities that have access to information.

After the Panama Papers revelation, the bureau filed a corruption reference against Dar for due assets beyond his known source of income. The minister has been absconding the courtroom proceeding because 2017 and is staying in London.

He has already been declared a proclaimed offender by an accountability court as a consequence of his failure to appear before the court. The Federal Investigation Agency had also issued warrants against him.

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