The National Accountability Bureau (NAB) has sought complete details of the bank accounts operated by Finance Minister Ishaq Dar, his family members and National Bank of Pakistan (NBP) President Saeed Ahmad, from the State Bank of Pakistan.
NAB has required the SBP to submit the record by August 25.
The JIT had observed that Dar’s wealth had swelled 91 times within a short span of time and such unrealistic increase in wealth needs to be investigated.
The information requested from the SBP will help in NAB’s ongoing inquiry against Ishaq Dar and his family members including his wife Tabassum Ishaq Dar, sons Ali Mustafa and Mujtaba Hasnain, daughter-in-law Asma Ali and Saeed Ahmed, the incumbent president of the National Bank of Pakistan (NBP).
The Supreme Court had, in its July 28 verdict on the Panamagate case, ordered the NAB to file four references against former premier Nawaz Sharif, his family members and others within six weeks before the accountability courts in Rawalpindi and Islamabad on the basis of the material collected and referred to by the Joint Investigation Team (JIT).
The court had also directed the NAB to file a reference against Finance Minister Dar for possessing assets and funds beyond his known sources of income.
Besides seeking records of banking transactions, NAB had already written a letter to the Securities and Exchange Commission of Pakistan (SECP) seeking details of some seven companies –Hajveri Holdings, CNG Pakistan, Spencer Distribution, HDS Securities, Gulf Insurance Company, Spenser Pharmacy, and Hajveri Hodarba Management Company – all owned by relatives of Finance Minister Ishaq Dar.
Also on Thursday, the SC granted access to the confidential tenth volume of the JIT report to NAB investigators.
According to a statement, the chairman NAB reiterated that the bureau believed in zero tolerance against corruption.