Published On: Tue, Nov 14th, 2017
Published in Category: Islamabad

Dar’s removal from cabinet is not on cards

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Islamabad: Despite transferring major responsibilities from Finance Minister Senator Ishaq Dar to other federal ministers, the government has still no plans to withdraw his portfolio of Federal Finance Minister.

As Dar is a close relative of former Prime Minister Nawaz Sharif, who is still supervising all the affairs of the government despite disqualification by the Supreme Court.

The government wants to give protocol and status as Federal Minister to Senator Ishaq Dar, who will also complete his tenure of six years as Senator by March next year.

The last important decision took by the government led by Prime Minister Shahid Khan Abbassi on Monday, when Finance Minister Senator Ishaq Dar, who is in London for treatment and also facing corruption charges, was removed from the membership of Council of Common Interests (CCI).

A meeting of the Council of Common Interests was held today under the Chairmanship of Prime Minister Shahid Khan Abbassi but without Federal Finance Minister Senator Ishaq Dar, who has been replaced by Interior Minister Ahsan Iqbal.

Finance Minister Ishaq Dar, who has been in London for around two weeks for medical treatment and hiding himself there to avoid facing the accountability court where Dar is facing corruption cases filed by the National Accountability Bureau in light of the Supreme Court’s judgment in the Panama Papers case. He is not appearing before the Accountibility Court and if he will continued to do so, his non-bailable warrants will be issued by the court on next hearing date.

After Prime Minister Shahid Khaqan Abbasi took office in August this year, he replaced Dar’s chairmanship of the Economic Coordination Committee of the Cabinet with himself.

Spokesperson of Ministry of Finance said that there is no plan to withdraw the Federal Ministry from Senator Ishaq Dar. About taking decisions, on important financial issues of the Ministry of Finance, the spokesperson said the Finance Minister is being consulted by the officials of the Finance Ministry while a number of decisions are being taken on his behalf by the Federal Finance Secretary and other officials.

However according to other sources, the day to day activities of the Ministry of Finance are being tackled and handled by Miftah Ismail, who is Special Assistance to Prime Minister and Chairman Board of Investment. The decision on October 31, last month to increase the petroleum prices was taken by Miftah Ismail, but he has not been given official charge of the Ministry of Finance but he is assisting Prime Minister Shahid Khaqan Abbassi in all official meetings as representative on Finance Ministry.

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