SC’s Justice Naeem Afghan questions haste shown by NAB in auction

Published
0
SC’s Justice Naeem Akhtar Afghan. — SC website/file
SC’s Justice Naeem Akhtar Afghan. — SC website/file

ISLAMABAD: A Sup­reme Court judge on Friday questioned the haste shown by National Accountability Bureau (NAB) in auctioning six Bahria Town properties when six references against Zain Malik were still pen­­d­ing adjudication before an accountability court, which would decide about confiscation of the properties if the accused was proved guilty.

“After instituting applications for the termination of the plea bargain (deal appr­o­­ved in August 2020) betw­een Zain Malik and NAB, the references against the accused have been reverted to the preliminary stage,” observed Justice Naeem Akhtar Afghan, a member of the three-judge SC bench that had taken up the appeal against the Aug 4 short order of the Islamabad High Court.

As the IHC in its short order allowed NAB to go ahead with the auction of the six attached properties, the anti-graft watchdog sold one property and received conditional bids for two other properties, at a combined value of Rs2.27 billion.

However, the auction of three remaining properties was shelved for want of qualifying bids.

Three-member bench to hear Bahria Town appeal on regular basis from 13th

The SC decided that the appeals by Bahria Town would be fixed before any available three-judge bench of the apex court for regular hearing from Aug 13.

In its appeal, the Bahria Town contended that the IHC short order of dismissing its plea against the auction was bad in law and facts as it suffered from misreading and non-reading of the record and applicable legal provisions.

Both the Aug 4 order of the high court and the May 23 order of the accountability court were without lawful jurisdiction and in blatant violation of Section 88 of the Criminal Procedure Code, which does not authorise attachment of properties belonging to third parties, the SC was apprised.

The appellant argued that the IHC and the accountability court also failed to distinguish between the assets of the accused and those owned by a separate and independent juristic entity.

Published in Dawn, August 9th, 2025

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...