Islamabad (Staff Report): An Accountability Court (AC) on Tuesday dismissed National Bank of Pakistan (NBP) Saeed Ahmed’s plea, seeking rejection of a National Accountability Bureau’s (NAB) supplementary reference against ex-Finance Minister Ishaq Dar and him.

Ahmed had filed the application under section 265-D (when charge is to be framed) of the Criminal Procedure Code, praying to the court to reject the supplementary reference to his extent in view. In addition, he prayed before the court that NAB working with the slogan “say no to corruption”, be subjected to pay compensation for his false involvement in the case.

During the course of investigation, it was revealed that Ahmed was one of the Directors of Hajveri Modaraba Management Company and 7,000 shares in Hajveri Holding (Pvt) Ltd were also transferred in his favour from the wife of the principal accused – Dar.

The reference stated that seven bank accounts were opened in Ahmed’s name which, as per investigation conducted so far, were used for the benefit of Dar and his companies.

The court adjourned hearing till March 27.