F.P. Report
ISLAMABAD: The accountability court on Tuesday hearing references against Ishaq Dar over assets beyond known income resources reserved its verdict on the plea from NBP President Muhammad Saeed to reject the interim NAB reference filed against him.
Giving his arguments over the case, Saeed’s counsel Hashmat Habib said that as per the language used in the interim NAB reference, there could be no case against his client.
The NBP president moved an application in the court under Section 265-D of the Criminal Procedure Code seeking his acquittal for lack of evidence.
Three suspects, including Saeed Ahmed, Mansoor Raza and Naeem Mehmood, were nominated in the reference.
The NBP president said he came to know in 2016 that as many as seven accounts were being operated in his name. His signatures were faked to open such accounts, he added.
A NAB prosecutor argued that millions of rupees were transacted into the foreign currency accounts, which were operated from 1997 to 2006.
He expressed surprise how come the NBP president was not in the know about these accounts having been opened in his name.
Accountability Judge Muhammad Bashir reserved the verdict after hearing arguments from defence and prosecution sides. He would pronounce the decision tomorrow.
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