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NAB orders to unfreeze Ishaq Dar’s assets

MM News Staff by MM News Staff
December 6, 2022
Reading Time: 1 min read

LAHROE: The National Accountability Bureau (NAB) Lahore has written a letter to the local district administration to unfreeze the assets of Federal Minister for Finance and Revenue Senator Ishaq Dar.

Also read: Verdict on Ishaq Dar’s acquittal plea in assets case reserved

In his connection, NAB issued a letter to release frozen bank accounts containing Rs 5 billion, Rs 580 million, Rs 80 lacs and Rs 73,000 respectively. A dispatch has also been issued to unfreeze the house of the minister. A dispatch was also issued to release his frozen Hajvery House located in 7-H Gulberg 3.

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Ishaq Dar

Similarly, a dispatch was issued to unfreeze the account in Bank Alfalah containing cash of more than Rs 0.5 billion. A dispatch was also issued to unfreeze an account in Habib Bank containing cash of Rs 3,65,000, an account in Allied Bank containing Rs 432, an account in Al Baraka Bank containing Rs 239 and an account in Alfalah Bank containing Rs 2,000.

Also read: Accountability court halts proceedings against Dar, returns reference to NAB

In response to NAB’s letter, the district administration has sent a dispatch to NAB and asked them to re-confirm their letter seeking to unfreeze Dar’s assets. MM News has learnt that the assets of the federal finance minister will be released once the confirmation is confirmed by NAB.

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