ISLAMABAD: An accountability court docket in Islamabad on Wednesday reserved its decision on a plea from National Bank of Pakistan (NBP) President Saeed Ahmed in search of his acquittal in a reference associated to the assets of former finance minister Ishaq Dar.
The NBP president has been nominated as a co-accused within the reference filed in opposition to Dar for possessing assets past his recognized sources of earnings and has been charged with opening up financial institution accounts allegedly used for cash laundering by the previous finance minister.
“My client should not be charged even if the statements of the National Accountability Bureau (NAB) are taken to be correct,” Ahmed’s counsel Advocate Hashmat Habib stated as accountability court docket choose Justice Muhammad Bashir heard the reference.
“NAB laws do not apply to the accusations leveled against my client,” the NBP president’s counsel added.
However, NAB’s particular prosecutor Imran Shafiq arguments responded that he nonetheless has to current 55 to 56 witnesses to current his case.
“Court should give time for us to provide evidence,” the NAB particular prosecutor upheld.
“Fraud was done with such expertise it’s remarkable,” he additional commented wile stating that it “was not possible for such a huge amount to be transferred into the account of a public office holder”.
“Accused required a qualified person to bring the amount to Pakistan and needed someone whose account the money could be transferred to without raising suspicion,” Shafiq proceed.
He alleged, “Ahmed advised the accused in opening accounts to transfer the money into.”
“Now he can’t say that he had no knowledge regarding the accounts that were opened,” the particular prosecutor additional stated.
“Ahmed was the deputy governor of State Bank of Pakistan (SBP) when transactions worth hundreds of thousands of dollars were made from Dar’s account but he took no action,” Shafiq additional claimed.
He additionally alleged, “Ahmed was given high posts by Dar.”
The particular NAB prosecutor added that the previous finance minister additionally submitted nomination papers for Senate elections that have been held in March regardless of being declared a proclaimed offender within the case by the identical court docket.
“During the time of the Senate elections, another bank account was opened for Dar in NBP. Had this account not opened, Dar would not have been able to take part in Senate elections as the court had ordered to freeze his assets,” Shafiq maintained.
Further through the listening to, the assertion of prosecution witness and National Database and Registration Authority (NADRA) General Manager Ghazali Zahid was recorded.
The listening to of the case has been adjourned until June 20.