Ishaq Dar's assets grew 91 pc between 1993-2009, says prosecution witness
NAB witnesses recorded their statements in the accountability court today.
ISLAMABAD (Dunya News) – Accountability court’s proceedings into assets beyond known source of income reference filed against former finance minister Ishaq Dar by the National Accountability Bureau (NAB) has entered into final phase as 24 prosecution witnesses out of 28 have recorded their statements.
Commissioner Inland Revenue Ishtiaq Ahmed, a National Accountability Bureau (NAB) witness, informed the accountability court today (Monday) that 91 percent increase was witnessed in Dar’s assets between 1993 and 2009.
He revealed that wealth records from 1993 showed Dar’s total assets were worth Rs9.1 million, while in 2009 the records showed total figures standing at Rs831.678 million.
As per Dar s income tax returns, he paid Rs0.729 million as tax in 1993, whereas, in 2009 he paid Rs46 million as tax, Ahmed told the court.
Later, NAB officials Shakeel Anjum Nagra, Iqbal Hasan and Umer Daraz Gondal also recorded their statements as witnesses before the court.
Subsequently, the case hearing was adjourned till 12:30pm on Tuesday.
In December 2017, the anti-corruption court had declared Dar, currently seeking medical treatment in London, an “absconder” after he repeatedly failed to appear before it in a graft case linking to the Panama Papers scandal.
He was indicted in October last year in a graft case in which he is accused of making assets that were “disproportionate to his known sources of income”.
The case was filed against him by the National Accountability Bureau (NAB) in the light of the Supreme Court order of July 28 that disqualified Nawaz Sharif as prime minister in the Panama Papers scandal.
In its case against Dar, the NAB has alleged that the accused has acquired assets and pecuniary interests/resources in his own name and/or in the name of his dependants of an approximate amount of Rs 831.678 million.
Dar is in London since October and has been seeking treatment of an undefined heart complication at a Harley Street hospital.
