AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

The Accountability Court hearing corruption case against former Finance Minister Ishaq Dar on Friday rejected the petitions of three co-accused seeking acquittal from the case.
Accountability Court Judge Muhammad Bashir on July 23 reserved his verdict on the applications filed by three co-accused including Naeem Mehmood and Mansoor Rizvi, directors of Dar's companies, and President National Bank of Pakistan (NBP) Saeed Ahmed after both parties to the case completed their arguments.
During the hearing on Friday, the Judge said the petitions of the co-accused have been dismissed.
During the previous hearing, Qazi Misbah, the counsel for Naeem Mehmood and Mansoor Rizvi, said that prosecution had failed to provide concrete evidence to prove the allegations leveled against his clients. He also said that the court wants to proceed against the accused nominated in the supplementary reference. "The presence of principal accused Dar is mandatory for proceedings against the co-accused," he said. He also presented details of some bank accounts.
While objecting to the defense counsel's plea, Special Prosecutor NAB Imran Shafiq said the details of bank accounts presented by the defense have nothing to do with the case.
It is not the case of prosecution that the two co-accused had opened bank accounts but prosecution is of the view that these accused facilitated opening and operation of fake accounts opened in the name of Saeed Ahmad, he said.
The court asked the prosecution to produce more witnesses in the case. The prosecution will produced three more witnesses including Ishtiaq Ahmad Khan, Saeed Ahmad Khan and Qamar Zaman during the next hearing to be held on August 1.
Naeem Mehmood and Mansoor Rizvi on July 12 filed their application seeking acquittal from the case. The third co-accused President NBP Saeed Ahmed had already filed an application before the court for his acquittal.
Ahmed, Mehmood and Rizvi were nominated as co-accused in the supplementary reference filed against Dar by the NAB. The court on April 5, 2018 had indicted the three accused.

Copyright Business Recorder, 2018

Comments

Comments are closed.