Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

AC reserves verdict on NAB’s plea to auction Dar’s assets

byCT Report
01/10/2018
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Accountability Court on Monday reserved its verdict on the National Accountability Bureau’s (NAB) plea to auction absconding suspect Ishaq Dar’s assets in Pakistan.

After hearing the NAB’s arguments today, the court reserved its verdict on the plea.

You might also like

Attock Refinery plans new 50,000 bpd deep-conversion refinery alongside $600m upgrade

28/09/2026

SMEDA plans new e-commerce programme to empower Pakistani entrepreneurs

26/09/2026

The petition was filed by the NAB after the Pakistan Muslim League-Nawaz (PML-N) leader went to London for medical treatment and continues to abscond in corruption cases against him in the accountability court .

Last week, NAB had submitted to the Accountability Court details of the former finance minister’s assets that have been seized.

During the last hearing, NAB special prosecutor Imran Shafiq said if reservations are not raised within the given time then the assets can be sold. “The accused can approach the court till six months after the assets are sold,” he added.

The NAB prosecutor further said that so far Dar has expressed no reservations and even if he appears before the court after the assets are sold then he can be granted his rights.

Shafiq also requested the court to issue an order regarding Dar properties in Islamabad and Lahore which are beyond the court’s ambit.

The former finance minister is accused of possessing assets disproportionate to his declared sources of income.

A reference against the former finance minister was filed by NAB in light of the Supreme Court’s July 28 verdict in the Panama Papers case.

Dar had earlier been declared a proclaimed offender by the accountability court due to his continuous absence from the proceedings.

In November 2017, then-prime minister Shahid Khaqan Abbasi had accepted Dar’s request to be relieved of his duties as the finance minister.

Related Stories

Attock Refinery plans new 50,000 bpd deep-conversion refinery alongside $600m upgrade

byCT Report
28/09/2026

ISLAMABAD: Attock Refinery Limited (ATRL) is considering setting up a new 50,000 barrels-per-day (BPD) deep-conversion refinery alongside its planned $600...

SMEDA plans new e-commerce programme to empower Pakistani entrepreneurs

byCT Report
26/09/2026

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and Daraz Pakistan are exploring new avenues of collaboration to help...

OGRA cuts LNG prices by up to $3.91 per MMBtu

byCT Report
25/09/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a significant reduction in liquefied natural gas (LNG) prices for...

Cutlery exports increase 17.78pc to $10.280m

byCT Report
24/09/2026

ISLAMABAD: The exports of cutlery witnessed an increase of 17.78 percent during the first two months of the current financial...

Next Post

Sindh facing phenomenal fiscal shortfall of Rs59b in funds from Centre: CM

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.