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AC Adjourns Hearing Against Ishaq Dar Till May 9

Islamabad(May  02, 2018): Hearing of NAB Reference against the former Finance Minister, Ishaq Dar adjourned till May 9, defence lawyer completed the cross-examination of prosecution witness Sherdil Khan and recorded his statement on Wednesday.

Judge Muhammad Bashir heard the case during which the accused National Bank president Saeed Ahmad and Hajveri Modaraba directors Naeem Mehmood and Mansoor Raza Rizvi appeared before the court.

 The prosecution witness said in his statement  that currently he is working as DG Finance and appeared before the investigation officer in NAB Lahore on August 22.

NAB had summoned the complete record of Ishaq Dar’s salary and allowances from me, added Sherdil.

He told that the record of the former finance minister as an MNA from 1993 to 1996 was presented along with a covering letter.“I also submitted the details of payments to Ishaq Dar. NAB also took my signature on a memo after receiving the said documents. In the mentioned four years, at least Rs7,26,640 were paid to Dar in terms of gross salary and allowances,” said the prosecution witness.

On April 5, after multiple adjournments, an accountability court indicted President National Bank of Pakistan Saeed Ahmed and two others in the supplementary corruption reference filed against former finance minister Ishaq Dar.

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The counsel of the accused told the court that they had challenged the high court decision against the accountability court proceedings and pleaded the court to delay the indictment in the case till orders from the apex court.However, the accountability court judge Muhammad Bashir said that they respect the highest court of law but no order restraining them in this regard has come from there. “Whenever a decision would come against the indictment from the apex court then the proceedings would be dropped,” he said.

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The National Accountability Bureau (NAB) filed an interim reference against Dar in September last year on the Supreme Court’s directives in the Panama Papers case.

In a supplementary reference filed earlier this year, NAB named National Bank of Pakistan President Saeed Ahmed, Naeem Mehmood and Mansoor Rizvi as co-accused. The latter two have been identified as directors of one of Dar’s companies. All three are accused of aiding Dar in opening fictitious bank accounts and transferring money abroad.

Related News: 

Hearing Against Ishaq Dar to Resume in AC Today

Three Co-accused Indicted In Ishaq Dar Assets Ref