Pakistan president Asif Ali Zardari’s assets in Islamabad to be seized

Courtesy: DNA

ISLAMABAD: Action to seize the assets of Pakistan president Asif Ali Zardari has begun following a National Accountability Bureau (NAB) order asking the Islamabad Capital Territory (ICT) administration to freeze all his assets under its jurisdiction.

Besides other properties, NAB’s latest order would immediately hit the 2,460 kanals of Sangjani land, which was a frozen asset before the NRO, but was unfrozen in early 2009 and transferred in the name of a private company owned by President Zardari, his son Bilawal Zardari and others.

The NAB spokesman Ghazni said that NAB is acting strictly in accordance with the law and the Supreme Court’s decision and weekly progress reports is regularly being submitted to the apex court, The News reports.

Within a few days of the December 16 short order of the Supreme Court, the NAB had issued freezing order for the assets of all other NRO beneficiaries, but in case of Zardari, the NAB did not move apparently due to his constitutional immunity.

However, now after the announcement of the detailed judgment, which directed NAB and all other concerned authorities to revive the pre-NRO position in all cases, the NAB has also moved on Zardari’s case.

Source – http://www.dnaindia.com/world/report_pakistan-president-asif-ali-zardari-s-assets-in-islamabad-to-be-seized_1337964

By using this service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although IAOJ does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s