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Accountability court cancels Ishaq Dar’s arrest warrant

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  • Warrant was cancelled against surety bonds of Rs1 million.
  • Dar submits application against confiscation of property.
  • Seeks permanent exemption from appearance.

An Islamabad accountability court on Friday cancelled Finance Minister Ishaq Dar’s arrest warrant in the assets beyond means case filed against him by the National Accountability Bureau (NAB).

The cancellation orders were issued after the minister appeared before Accountability court judge Muhammad Bashir with his lawyer Qazi Misbah. The court also directed the minister to submit surety bonds of Rs1 million.

At the outset of the hearing, Misbah asked the court to permanently cancel his client’s arrest warrant and the order to confiscate his assets.

The lawyer told the court that it had issued the arrest warrants so Dar appears before the court, adding that they should be cancelled now as the minister is present before the court.

“Did NAB also issue arrest warrants of Ishaq Dar,” Judge Bashir asked the anti-corruption watchdog’s prosecutor.

Anti-graft’s body responded in the affirmative but clarified that the warrants were suspended.

“What is your point of view now, should the warrants be cancelled or not?” asked the judge.

At this question, the NAB prosecutor supported the cancellation of warrants, adding that they were issued to ensure Dar’s appearance in the case.

The judge then remarked that it will have to indict Dar once again as a supplementary reference has also been filed against him.

To this, Dar’s lawyer stated that they will give arguments on the supplementary reference.

Before adjourning the case till October 12, the court issued notices to NAB over the application filed against the confiscation of Dar’s property and permanent exemption from appearance.

The court has ordered NAB to present its arguments at the next hearing on both applications.

Arrest warrant suspended

Last week, the court had suspended the arrest warrants of Dar till October 7.

Judge Mohammad Bashir had issued the orders and directed the authorities to not arrest the minister upon his arrival in Pakistan.

The judge had said that once Dar returns to Pakistan, the court will see whether it should revoke his arrest orders or not.

“The arrest warrants will be permanently suspended once Dar appears before the court in person,” the judge had said.

Dar moved the accountability court after the Supreme Court dismissed his appeal in a corruption case following his decision to withdraw the plea.

In 2017, an accountability court, while hearing a corruption reference against Dar, declared him a proclaimed offender due to his continued absence from the proceedings.

The national anti-graft watchdog accused Dar of possessing assets disproportionate to his known sources of income.

The case was filed by NAB in light of the Supreme Court’s July 28 verdict in the Panama Papers case.

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SCO Summit Preparations: Interior Minister Examines SCO Summit Arrangements

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The preparations for the Shanghai Corporation Organization Summit, which will take place in Islamabad next week, were reviewed by Federal Minister of the Interior Mohsin Naqvi during his tour of the Federal Capital.

D-Chowk, Constitution Avenue, Murree Road, and the Islamabad Expressway were all thoroughly inspected by Interior Minister Mohsin Naqvi.

The Minister gave the authorities instructions regarding the optimal setup for the next summit after reviewing the refurbishment and cleaning plans for the SCO Summit.

The minister stated that while ensuring that all of Islamabad is clean, particularly the VVIP routes and the red area, the construction and restoration projects should be finished as quickly as feasible.

Mohsin Naqvi stated that the SCO Summit will showcase Islamabad’s natural beauty on this particular occasion.

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Elahi Bakhsh Soomro Dies; Karachi Will Hold Funeral Prayer Today

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After a lengthy illness, Elahi Bakhsh Soomro, the former Speaker of the National Assembly, passed away. At ninety-eight years old.

Today at 1:00 PM in Karachi, there will be a funeral prayer for him.

In the Jacobabad District of Sindh, Soomro was born in 1926. He was a member of the Shikarpur-based Soomro family, who for a long time dominated Sindh. He was the brother of Ahmad Mian Soomro and the son of Maula Bakhsh Soomro. His degree is in engineering.

The federal minister is now Elahi Bakhsh Soomro. In 1985, he was elected without opposition to the national legislature.

He was elected as a Member of Parliament for the Pakistan Muslim League in the 1990 and 1997 elections. Additionally, he was repeatedly elected to the Senate at various points in time.

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SIFC Supports Shanxi Coal Initiative: China to Finance Coal-to-Chemicals Project in Pakistan

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The Shanxi Coal and Chemical Industry Group of China intends to invest in technologies for the production of chemicals derived from coal reserves in Sindh, Pakistan. This project, supported by the Special Investment Facilitation Council (SIFC), seeks to improve collaboration between Pakistan and China in energy and industrial advancement.

Shanxi Coal and Chemical, one of China’s major state-owned firms, has made substantial investments in the coal and energy sectors. This project illustrates the increasing cooperation between the two nations.

Pakistan aims to fulfill its energy requirements by augmenting coal-fired production, thereby lowering electricity generation expenses. Petroleum Minister Musadik Malik stated that “Pakistan possesses extensive coal reserves, and this initiative demonstrates our dedication to the effective utilization of our natural resources.”

Pakistan now extracts roughly 7.6 million tons of coal annually from the Thar region, with intentions to augment this to 11 million tons within three years. The efficient utilization of these resources can stabilize the nation’s economy.

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