ISLAMABAD: Ministry of Finance has rejected Pakistan Tehreek-i-Insaf’s (PTI) demand of disclosing the assets and income sources of Finance Minister Ishaq Dar.

The spokesman of finance ministry said that demanding the same thing again is mere "mischief mongering, height of ignorance and harping on the same string".

He said that Dar, in his letter to PTI chief Imran Khan, had categorically stated that details of all his sources of income and assets have been regularly reported in his tax returns which he filed with the Federal Board of Revenue.

"Details of his assets are also annually filed with Election Commission of Pakistan, which makes the same public through gazette notification and anybody can access this information and details," the spokesman added.

The spokesman said that contrary to Imran Khan’s claim that Ishaq Dar has sent money to his sons in Dubai, the finance minister has in fact received money from his sons through correct banking channels. “The money was sent in settlement of loans given by Dar to his sons, out of his professional earnings abroad during the period 2002 to 2008,” he said.

The finance minister was then working as financial adviser. “It is a pity that instead of realising the mistake after receiving aforesaid letter, the PTI spokesperson continued disseminating baseless and ill intended stand in order to mislead people at large,” said the spokesman.

He said country’s top economists and professionals have endorsed the finance minister’s repeated calls (to all political parties) for a ‘charter of economy’ but it appears that PTI leadership is more interested to advocate for a ‘charter of acrimony’, the spokesman concluded.

Earlier, Umer Cheema, a spokesman for PTI chief Imran Khan, confirmed that a letter written by Dar to Imran had been received, which he said had endorsed his party’s stance that the minister had indeed transferred $4 million to his sons in Dubai.

Cheema said Dar should now reveal the sources through which he had earned the amount. He also asked the minister to explain why the government had failed to bring back to the country “the ill-gotten money belonging to the nation” from foreign banks.

Dar had in the past submitted to a court an affidavit confessing his involvement in money laundering, Cheema has said.

His statement came a day after Dar wrote to Imran, criticising the PTI chairman’s claim that the minister had sent $4m to his sons in Dubai “to avoid taxes in Pakistan and was dragging his feet on signing Tax Avoidance Treaty with the Swiss authorities to bring back the ill-gotten money to Pakistan”.