PANAMA JIT CHIEF RECORDS STATEMENT IN ASSETS REFERENCE AGAINST ISHAQ DAR

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PANAMA
PANAMA JIT CHIEF RECORDS STATEMENT IN ASSETS REFERENCE AGAINST ISHAQ DAR

ISLAMABAD (9 News) – An accountability court recorded the statement of Wajid Zia, head of the Panama joint investigation team,

Recording his statement on Wednesday, he said that Ishaq Dar could not give a satisfactory reply to the JIT about his assets. “During the investigations, it was revealed that the assets of Ishaq Dar increased by 91 percent,” he stated. 

The court adjourned the hearing till May 8.

On Jan 26, 2019, the National Accountability Bureau (NAB) had opposed accepting the claim of Tabassum Ishaq Dar, wife of former finance minister Ishaq Dar, to the ownership of a property in Lahore and said her husband is the original owner of the confiscated property.

In response to an application filed by Ms Tabassum for de-freezing of the property in Gulberg, Lahore, NAB stated before the accountability court that Mr Dar’s wife had claimed the ownership of the property without having any solid proof.

Tabassum filed an application in the accountability court in October last year against the confiscation of the property of her husband after he was declared an absconder in a reference filed by NAB for allegedly accumulating assets beyond means.

On Oct 2, Accountability Court Judge Mohammad Bashir had attached Mr Dar’s properties with the Punjab government and allowed its auction as per rules. Tabassum, however, challenged the confiscation of the house in Gulberg, saying her husband had verbally gifted the property to her on Feb 14, 1989, in lieu of her dower amount. She said that since she had accepted the gift and was residing there, NAB had erroneously shown the property as an asset of Mr Dar.

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