Dar’s assets to be auctioned soon

ISLAMABAD: An accountability court on Thursday rejected a petition against the auctioning of former finance minister Ishaq Dar’s property in the Gulberg neighborhood of Lahore.

Accountability Judge Mohammad Bashir announced the decision, saying that the petitioner, Tabassum Dar, failed to substantiate her claim that her husband Ishaq Dar had gifted the house to her. The court also rejected her plea for access to a video of a raid on the property.

The court, however, deferred the decision on her plea for permission to withdraw money from Dar’s accounts. The court will announce the decision on Nov 13.

Following the filing of a reference against Dar in the accountability court in September last year, National Accountability Bureau had seized all of Dar’s moveable and immoveable assets, including a house in Gulberg III, Lahore; three plots in Al Falah Housing Society, Lahore; six acres of land in Islamabad; a two-kanal plot in Parliamentarians Enclave, Islamabad; a plot in the Senate Cooperative Housing Society, Islamabad; a plot measuring two kanals and another of nine marlas in Islamabad and six vehicles. The bureau said that Dar had acquired in his name and/or in the names of his dependants’ assets worth Rs831.7m, which was disproportionate to his known sources of income. On Oct 2, 2018, Judge Bashir had attached Dar’s properties with the Punjab government and allowed its auction as per rules.

The same month, Tabassum filed an application in the accountability court against the confiscation of the property of her husband after he was declared an absconder in the reference filed by NAB. She had contended that 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 Dar. She had requested the court to cancel the order for the auction of the property.

 

 

 

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