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Court unfreezes Ishaq Dar’s bank accounts 

Court unfreezes Ishaq Dar’s bank accounts 

Court unfreezes Ishaq Dar’s bank accounts 

Ishaq Dar has expressed the government’s resolve to make all out efforts to transform banking system in accordance with the Islamic teachings and injunctions.

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  • The accountability court has issued the written verdict.
  • Accountability Court withdraws 2017 asset confiscation order.
  • The judge Muhammad Bashir ordered to unfreeze all the assets of Dar.
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ISLAMABAD: An accountability court in Islamabad on Saturday unfrozen Finance Minister Ishaq Dar’s bank accounts and assets.

The accountability court has issued the written verdict on the assets beyond known sources of income case.

While issuing a written order, the accountability court said that the confiscation of the assets of the finance minister is over and the bank accounts are also being restored. Accountability Court withdraws 2017 asset confiscation order.

Federal Finance Minister Ishaq Dar’s bank accounts and house in Lahore were confiscated by the government, the written order will say that Ishaq Dar’s assets were confiscated after he was declared proclaimed offender.

Ishaq Dar’s assets were unfrozen after the amendments to National Accountability Bureau (NAB) laws.

The accountability court judge Muhammad Bashir ordered to unfreeze all the assets of finance minister Ishaq Dar.

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Earlier, the district administration of Lahore unfrozen Finance Minister Ishaq Dar’s assets.
The assets which were frozen by National Accountability Bureau (NAB) in the assets beyond the means case were unfrozen by the district administration of Lahore.

The Lahore administration returned the property Hajveri House, 7-H, Gulberg-III to the finance minister Ishaq Dar and a letter has also been sent to the four banks to restore his accounts.

It is pertinent to mention here that an accountability court ordered to freeze Dar’s assets after his continuous absence from the court proceedings in the case.

A reference against Ishaq Dar, Saeed Ahmed, Naeem Mahmood, and Mansoor Raza Rizvi was filed in 2017. During the trial of the case statements of 42 witnesses were recorded.

Dar left the country in November 2017 on the pretext of seeking medical treatment in London.

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Finance Minister Ishaq Dar had earlier been declared a proclaimed offender by the accountability court (AC) due to his continuous absence from the proceedings.

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