Pakistan finance minister Dar put forward as leader of caretaker government

Pakistan's finance minister Ishaq Dar speaks while presenting the economic report for fiscal year 2022-23, in Islamabad on June 8, 2023.(AFP)
Short Url
Updated 24 July 2023
Follow

Pakistan finance minister Dar put forward as leader of caretaker government

  • The move is aimed at helping with continuity of economic reforms under an IMF deal
  • Pakistan secured the badly needed $3 billion short-term financial package last month

ISLAMABAD: One of the main parties in Pakistan’s ruling coalition has proposed that Finance Minister Ishaq Dar lead the incoming caretaker government, party sources said, a move aimed at helping with continuity of economic reforms under an IMF deal.

The Pakistan Muslim League-Nawaz (PML-N) put forward Dar’s name to its coalition partners, said the sources who were not authorized to speak to media and declined to be identified. An agreement has yet to be reached, said one of the sources.

“We think he could be the best bet to continue with the economic reforms agreed with the IMF,” a PML-N member told Reuters.

Pakistan secured a badly-needed $3 billion short-term financial package from the IMF last month, a much-awaited respite as it teeters on the brink of default.

When asked about the proposal by Reuters, Dar said only: “Let’s wait.”

Information Minister Marriyum Aurangzeb did not respond to a request for comment.

Local media have reported that the ruling coalition will dissolve parliament on Aug. 8, after which the caretaker government will have 90 days to hold a general election.

The ruling coalition replaced former Prime Minister Imran Khan’s administration after he lost a parliamentary vote of confidence in April 2022, having lost favor with the country’s powerful military. The military denies having a role in his ouster.

Khan’s Pakistan Tehreek-e-Insaf (PTI) party said that having Dar helm the caretaker government would mean it could not be impartial.

“If Ishaq Dar is to be made a caretaker prime minister, then there will be no elections but only a selection,” said PTI spokesman Farrukh Habib.


Two Pakistani men indicted in $10 million Medicare fraud scheme in Chicago

Updated 12 February 2026
Follow

Two Pakistani men indicted in $10 million Medicare fraud scheme in Chicago

  • Prosecutors say defendants billed Medicare and private insurers for nonexistent services
  • Authorities say millions of dollars in proceeds were laundered and transferred to Pakistan

ISLAMABAD: Two Pakistani nationals have been indicted in Chicago for allegedly participating in a $10 million health care fraud scheme that targeted Medicare and private insurers, the US Justice Department said on Thursday.

A federal grand jury charged Burhan Mirza, 31, who resided in Pakistan, and Kashif Iqbal, 48, who lived in Texas, with submitting fraudulent claims for medical services and equipment that were never provided, according to an indictment filed in the US District Court for the Northern District of Illinois.

Medicare is the US federal health insurance program primarily serving Americans aged 65 and older, as well as certain younger people with disabilities.

“Rooting out fraud is a priority for this Justice Department, and these defendants allegedly billed millions of dollars from Medicare and laundered the proceeds to Pakistan,” Deputy Attorney General Todd Blanche said in a statement.

“These alleged criminals stole from a program designed to provide health care benefits to American seniors and the disabled, not line the pockets of foreign fraudsters,” he added. “We will not tolerate these schemes that divert taxpayer dollars to criminals.”

Prosecutors said that in 2023 and 2024, the defendants and their alleged co-conspirators used nominee-owned laboratories and durable medical equipment providers to bill Medicare and private health benefit programs for nonexistent services.

According to the indictment, Mirza obtained identifying information of individuals, providers and insurers without their knowledge and used it to support fraudulent claims submitted on behalf of shell companies. Iqbal was allegedly linked to several durable medical equipment providers that filed false claims and is accused of laundering proceeds and coordinating transfers of funds to Pakistan.

Mirza faces 12 counts of health care fraud and five counts of money laundering. Iqbal is charged with 12 counts of health care fraud, six counts of money laundering and one count of making a false statement to US law enforcement. Arraignments have not yet been scheduled.

Three additional defendants, including an Indian, previously charged in the investigation, have pleaded guilty to federal health care fraud charges and are awaiting sentencing.

An indictment contains allegations, and the defendants are presumed innocent unless proven guilty in court.