Bailable warrants issued against Dar by NAB

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The accountability court in Islamabad on Wednesday issued bailable arrest warrants for Finance Minister Ishaq Dar for not showing up before the court.

The court had been hearing a corruption case against Dar in connection with a reference filed by National Accountability Bureau (NAB) against the accused of possessing asset beyond known sources of income. The reference had been filed in accordance with the Supreme Court’s July 28 verdict in Panama Papers Case.

When the hearing commenced, Dar’s protocol officer Fazal Dad informed Judge Mohammad Bashir that Ishaq Dar could not appear in the court as he is currently in the UK.

Thereafter, the NAB prosecutor urged the court to issue arrest warrants to make sure that Dar appears for the court’s hearings in the future.

The court accepting the bureau’s plea issued directions for bailable arrest warrants to be issued for Dar.The court also ordered a bail bond of Rs1 million to be submitted and announced the next court hearing on September 25.

Meanwhile, according to media reports, NAB Lahore has issued instructions to the State Bank of Pakistan (SBP) as well as all other banks countrywide to freeze the accounts of Finance Minister Ishaq Dar, however, the bureau has denied asking SBP to freeze the finance minister’s assets, stating that only the courts have authority to do so.

In addition, the bureau also asked to be informed once the said action has been undertaken.

As per sources, NAB had already dispatched summons to Dar’s residence in Islamabad as well as in Lahore. In addition, it has also been revealed that NAB will ask the trial court to issue arrest warrants for Dar in case if he does not show up for the court hearing today.

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