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Allegation of money laundering against Dar refuted

Allegation of money laundering against Dar refuted

ISLAMABAD: The Finance Ministry Friday rejected the news item appeared in a section of media, regarding allegations of money laundering against Finance Minister Ishaq Dar.

The Finance Ministry spokesperson 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. He clarified that the said case was made against the minister, during Musharraf’s tenure for putting pressure on Ishaq Dar to join the federal government.

The said politically motivated case had died its natural death in 1996, but the Musharraf regime sought to resurrect it in 2000 while he was incarcerated. The said case has been quashed by the Lahore High Court 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, the spokesman said.

However, the spokesman added, a frivolous case for accumulation of assets/wealth was initiated in 2001 against the Minister, based on the information given in his annual tax returns. This baseless case was made with mollified intent on an anonymous complaint.