Two luxury vehicles go missing from Dar’s house, NAB clueless

LAHORE: The National Accountability Bureau (NAB) on Saturday sought assistance from the Punjab Excise Department to find two luxury cars which have gone missing from former finance minister Ishaq Dar’s residence in<a href="https://www.pakistantoday.com.pk/2018/11/03/nab-seeks-excise-depts-assistance-as-two-cars-go-missing-from-dars-residence/" title="Read more" >...</a>

News Desk

News Desk

November 3, 2018

2 min read
Two luxury vehicles go missing from Dar’s house, NAB clueless

LAHORE: The National Accountability Bureau (NAB) on Saturday sought assistance from the Punjab Excise Department to find two luxury cars which have gone missing from former finance minister Ishaq Dar’s residence in Lahore’s Gulberg area.

NAB officials, in a letter to the excise department, stated that “a Mercedes Benz and a Land Cruiser are missing from Dar’s residence in Gulberg-III,” adding that the excise department’s assistance was needed to locate the cars.

Earlier, on October 2, an accountability court ordered the auction of Dar’s assets and directed that his bank accounts in Pakistan are confiscated.

According to NAB,  Dar and his wife owned three Land Cruisers, two Mercedes Benz and one Corolla.

In a report submitted to the court on October 10, NAB had stated that an inquiry was conducted at Dar’s residence to seize the cars, however, there were no vehicles present there at the time.

BACKGROUND: 

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.

In its reference, NAB had alleged that “the accused has acquired assets and pecuniary interests/resources in his own name and/or in the name of his dependents of an approximate amount of Rs831.678 million (approx)”.

The reference alleged that the assets were “disproportionate to his known sources of income for which he could not reasonably account for”.

Dar, a former senator, has been in London since October last year on account of his medical treatment. Moreover, a reference against the former finance minister was filed by the 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.

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