• About us
  • Contact us
  • Our team
  • Terms of Service
Monday, August 11, 2025
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home Latest News

Pak court allows auctioning of former finance minister Dar’s assets

Press Trust of india by Press Trust of india
October 2, 2018
in Latest News
A A
0
Pak court allows auctioning of former finance minister Dar’s assets
FacebookTwitterWhatsapp

Islamabad: An anti-corruption court in Pakistan on Tuesday directed authorities to auction the assets and seize the bank accounts of absconding former finance minister Ishaq Dar in a graft case filed against him in the Panama Papers scandal.

The case about owning “assets beyond known means of income” is among four graft cases filed by the National Accountability Bureau (NAB) following the Supreme Court’s order of July 28 against Dar and ousted prime minister Nawaz Sharif and his family.

Related posts

PM flags off Amritsar – Shri Mata Vaishno Devi Katra Vande Bharat Train, LG expresses gratitude

PM flags off Amritsar – Shri Mata Vaishno Devi Katra Vande Bharat Train, LG expresses gratitude

August 10, 2025
44 killed in Peru bus accident

Chinese manjha fatally slits biker’s throat in Udhampur

August 10, 2025

The decision came on an application filed by the NAB, seeking auction of Dar’s assets and asking the court to appoint a beneficiary of recovered amount, Dawn newspaper reported.

The court said that the Punjab’s provincial government will be responsible for auction. It empowered the provincial government to decide whether to sell or keep the seized assets, the report said.

Judge Mohammad Bashir had reserved the verdict on the application on Monday after the anti-graft watchdog submitted details of Dar’s assets.

The NAB had earlier moved the Islamabad-based accountability court for the auction of movable and immovable properties owned by Dar, a close aide of Sharif, as he has been in London since October 2017.

Dar, the father-in-law of Sharif’s younger daughter, was already declared as absconder in the corruption case after he went to London in October last year but never came back to face the trial.

The case of asset beyond means was launched against Dar in September 2017 on the orders of Supreme Court after it disqualified Sharif and ordered corruption cases against him, his children Maryam Nawaz, Husain and Hasan and son-in-law (retd) Captain Muhammad Safdar.

The anti-corruption watchdog already seized all of movable and immovable assets of 67-year-old Dar located in Lahore and Islamabad.

According to the case, Dar acquired assets worth Rs 831.7 million, which was disproportionate to the known sources of his income.

The Panama Papers case is about alleged money laundering by Sharif in the 1990s when he twice served as Pakistan’s prime minister to purchase assets in London.

Previous Post

NIA raids residence of Kashmir businessman

Next Post

Indonesia clamps down on looting as quake-tsunami toll tops 1,200

Press Trust of india

Press Trust of india

Next Post
Indonesia clamps down on looting as quake-tsunami toll tops 1,200

Indonesia clamps down on looting as quake-tsunami toll tops 1,200

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ePaper

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2024 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2024 Kashmir Images - Designed by GITS.