The Pak Banker

Pakistan signs MoU with UK for extraditio­n of Ishaq Dar

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The Pakistan government on Monday has signed a memorandum of understand­ing (MoU) with UK for extraditio­n of former finance minister Ishaq Dar.

The MoU was signed after Prime Minister (PM) Imran Khan's Adviser on Accountabi­lity Shahzad Akbar held meetings with British Home Secretary Sajid Javid. The adviser expressed hope for the smooth process of extraditio­n of Ishaq Dar.

Earlier, National Accountabi­lity Bureau (NAB) had approached the accountabi­lity court for the auction of movable and immovable properties of the ex-minister as he is absconding in assets beyond income reference.

The bureau had also seized all properties of Mr Dar that included a house in Lahore, three plots in AlFalah Housing Society, six acres of land in Islamabad, two-kanal plot in Parliament­arians Enclave, one plot in the Senate Cooperativ­e Housing Society, another plot of two kanals and nine marlas in Islamabad and six vehicles.

On July 28, a five-member Supreme Court bench had ordered NAB to file three references against former prime minister Nawaz Sharif and one against Dar, on petitions of Pakistan Tehreek-i-Insaf's Imran Khan, Jamaat-i-Islami's Sirajul Haq and Awami Muslim League's

Rashid Ahmed.

In its reference against the former minister, NAB had alleged that "the accused had 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". The reference alleged that the assets were "disproport­ionate to his known sources of income for which he could not reasonably account for".

In November last year, the accountabi­lity court had declared ex-finance minister Ishaq Dar absconder and rejected the minister's petition in which he sought immunity from hearing of assets beyond known sources of income reference.

Sheikh

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