Posts Tagged ‘Judge Mohammad Bashir’

Pakistan court issues arrest warrant for finance minister

November 14, 2017

ISLAMABAD (Reuters) – A Pakistani anti-corruption court on Tuesday issued an arrest warrant for Finance Minister Ishaq Dar after the veteran politician failed to turn up for several court hearings.

The warrant comes at an awkward time for Pakistan, which wants to raise in excess of $1 billion on international debt markets through a Sukuk and a Eurobond in coming months and has been trying to woo international investors.

Image result for Ishaq Dar, photos

Finance Minister Ishaq Dar

Dar, who has been charged with amassing wealth beyond his known sources of income, has missed three weeks of court hearings conducted by the anti-graft agency the National Accountability Bureau (NAB).

Judge Mohammad Bashir issued the warrant on the grounds of “continued absence” from the court, according to a court statement.

Dar, who has pleaded not guilty, is receiving medical treatment in London and now faces arrest upon his return to Pakistan.

The case has been adjourned until Nov. 21.

The charges against Dar followed an investigation into the finances of former Prime Minister Nawaz Sharif, who was ousted in July after the Supreme Court disqualified him for not declaring a small salary from his son’s off-shore company.

The finance minister is one of Sharif’s closest political allies and Dar’s son has married Sharif’s daughter. Both men deny any wrongdoing.

Dar has rejected growing calls to resign amid his legal woes and a worsening economic outlook for Pakistan, which is battling to stave off a balance of payments crisis due to dwindling foreign currency reserve and a widening current account deficit.

Dar was initially lauded for steering Pakistan out of a balance of payments crisis in 2013 and returning the nuclear-armed country toward a higher growth trajectory.

But over the past year he has faced criticism for his refusal to allow the rupee to weaken to ease macroeconomic pressures. He has also been accused of eroding the central bank’s independence.

Reporting by Saad Sayeed and Drazen Jorgic; Writing by Drazen Jorgic; Editing by Robert Birsel


Pakistan: Accountability Court reserves verdict on Nawaz’s exemption from appearance in court

October 9, 2017
October 9, 2017
By: Samaa Web Desk

NEWS DESK: After hearing arguments on an application filed by Nawaz Sharif seeking permanent exemption from appearance in the court, the accountability court reserved its verdict on Monday.

When the court asked Sharif’s counsel, Khawaja Harris, whether he was requesting exemption from today’s hearing only, the lawyer responded that his client had gone to London to look after his ailing wife and he should therefore be granted permanent exemption. The lawyer further added that Nawaz cannot appear before the accountability court for the next 15 days at least.

Meanwhile, the NAB prosecution asked the court to issue arrest warrants for Sharif, who they said had left for London, despite being a primary accused, without informing NAB authorities.

Accountability Court Judge Mohammad Bashir reserved his decision on this matter as well.


Pakistan’s Ex-Prime Minister Fails to Appear in Court for Corruption Trial

Nawaz Sharif’s son-in-law, a co-defendant, was arrested after returning from London

ISLAMABAD—Pakistan’s former prime minister, Nawaz Sharif, failed to appear before an antigraft tribunal on Monday, where he was to be indicted on corruption charges along with several family members and co-defendants.

One of the co-defendants in the case—Mr. Sharif’s son-in-law, Mohammad Safdar—was arrested at Islamabad airport, after he and his wife, Maryam Nawaz Sharif, arrived from London, cabinet minister Tallal Chaudry said.

Meanwhile, authorities arrested Sharif’s son-in-law, also a co-defendant in the case. The son-in-law, Mohammad Safdar was taken into custody at the Islamabad airport after he and his wife, Maryam Nawaz, arrived from London, said Cabinet minister Talal Chaudhry.

Amid tight security, police later brought Safdar before the anti-graft tribunal, called Accountability Court, where he appeared alongside his wife.

The corruption charges against Sharif, his two sons, daughter and son-in-law stem from an investigation into documents leaked from a Panama law firm that showed the Sharifs had undisclosed assets abroad.

Chaudhry, the Cabinet minister, told reporters that Safdar and his wife had returned to Pakistan “to appear before the court as they believe in the rule of law.”

Sharif is currently in London with his wife Kulsoom Nawaz, who is said to be recovering from throat cancer surgery.

The Supreme Court disqualified Sharif from office in July, forcing him to step down over corruption allegations and undisclosed assets. Sharif has denied any wrongdoing. He and some of his party leaders have claimed there are “hidden hands” behind his dismissal and spate of corruption cases.

Last week, Sharif appeared before the anti-corruption court but the tribunal had to delay his indictment after his children, who are co-defendants in the case, failed to appear before Judge Mohammad Bashir.

Sharif’s lawyer Khawaja Haris on Monday requested that the judge exempt Sharif from appearing. The judge reserved his decision on the request but granted Sharif’s daughter and her husband bail. He also adjourned the case till Oct. 13.