Three co-accused in Dar reference indicted

ISLAMABAD: The co-accused named in the supplementary corruption reference against former finance minister Ishaq Dar were finally indicted on Thursday after several adjournments, local media reported.

The National Accountability Bureau (NAB) filed an interim reference against Ishaq 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 the 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. During today's hearing, Judge Mohammad Bashir read out the charges, to which the co-accused pleaded not guilty. All the three suspects were present in court today.

Saeed Ahmed informed the court that he had challenged the decision of the Islamabad High Court striking down his plea to quash his indictment in the Supreme Court. However, the judge observed that the proceedings will continue until the apex court rules otherwise.

Moreover, during today's proceedings, Mansoor Rizvi submitted an unconditional apology in court over his counsel's altercation with the judge at the last hearing. He informed the court that Javed Akbar Shah is no longer his legal representative.

The court then adjourned the hearing till April 11, when the prosecution has been directed to present its witnesses. The former finance minister, who has been absconding in the case since October last year seeking medical treatment in London, has already been indicted in the case.