ACC to freeze property

The Anti-Corruption Commission (ACC) from now on  will freeze or attach moveable and immoveable properties in the cases filed over amassing illegal wealth.

“None will be given the opportunity to utilise illegal wealth. ACC will take steps to bring illegal wealth under government custody,” said ACC Chairman Iqbal Mahmood at a special meeting on “Management of illegal wealth” with officials yesterday.

Iqbal asked officials to make a list of cases filed over  amassing illegal wealth since 2004, according to ACC sources.

The chairman also asked ACC officials to freeze or attach moveable and immoveable properties in connection with those cases.

The ACC is mulling a policy to check corruption over the management of frozen or attached properties.

“We'll have to examine the accountability of the custodians of these properties,” he said, urging to take legal steps for freezing properties of the accused who have already died.