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Tuesday May 07, 2024

Ishaq Dar gets ‘clean chit’ in asset beyond means case

Case was filed by NAB in 2017 against Dar, accusing him of possessing assets disproportionate to his declared sources of income

By Arfa Feroz Zake
October 23, 2023
PML-N leader Ishaq Dar speaks during a press conference in Islamabad on February 10, 2023. — AFP
PML-N leader Ishaq Dar speaks during a press conference in Islamabad on February 10, 2023. — AFP

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) senior leader and former finance minister Ishaq Dar was acquitted in a case related to assets beyond his known source of income by an accountability court in Islamabad on Monday.

The decision came after the National Accountability Bureau (NAB) gave a “clean chit” to the PML-N’s finance czar.

Following the Supreme Court of Pakistan's decision declaring amendments to the NAB laws null and void, the anti-graft watchdog had once again "reopened" the assets beyond means case against Dar.

NAB had submitted the record of the assets beyond means case against the PML-N stalwart in the Islamabad accountability court.

However, in November of last year, the same accountability court had ended the criminal proceedings against Dar in the case.

While ending the case, the court remarked that it no longer has the authority to hear the case or release a verdict on pleas seeking acquittal after the National Accountability (Second Amendment) Act 2022.

"We can neither announce a decision in favour of NAB nor can we issue a decision in favour of the suspect. The trial against Ishaq Dar ends here," Judge Bashir added.

Courts across the country had returned cases after the government amended the National Accountability Ordinance 1999 as several cases do not fall under their jurisdiction anymore.

The case was filed by NAB in December 2017 against Dar, accusing him of possessing assets disproportionate to his declared sources of income.

A reference against the PML-N leader was filed by NAB in light of the Supreme Court's July 28, 2017, verdict in the Panama Papers case.

Dar had also been declared a proclaimed offender by the accountability court due to his continuous absence from the proceedings — but in October 2022, the court suspended his arrest warrants after he appeared before it.

The PML-N leader resided in London for five years in self-exile and after the formation of the coalition government, but last year he came back to the country to take charge as the finance czar.