Ishaq Dar

‘Money laundering allegation against finance minister baseless’

ISLAMABAD – The Ministry of Finance spokesman categorically rejected the news item appeared in a section of media regarding allegations of money laundering against Minister for Finance Ishaq Dar.

The spokesman said that the money laundering case was thrown out by the Lahore High Court as far back as 1996, yet unscrupulous elements keep referring to it for ulterior purposes. “It is clarified that the case was made against the minister during Musharraf era for putting undue pressure on Senator Ishaq Dar to join the federal government,” the spokesman said, in a statement issued here on Friday.

The spokesman said that the politically motivated case had died its natural death in 1996 but the Musharraf regime sought to resurrect it in 2000 while he was incarcerated. He further said that the case has been quashed by the honorable Lahore High Court Lahore vide its judgment dated 11 March 2014.

“This verdict has become final and should suffice to put an end to the propaganda on the subject. However,” the spokesman said. He added that a frivolous case for accumulation of assets and wealth was initiated in 2001 against the minister based on the information given in his annual tax returns.

“This baseless case was made with malafide intent on an anonymous complaint. Complete information about the assets have since been provided which is in accordance with the information regularly furnished to the tax authorities and the Election Commission of Pakistan,” the spokesman concluded.

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