NAB recovered Rs30 billion in last 19 months: Chairman
National Accountability Bureau (NAB) Chairman Justice (Retd) Javed Iqbal said that the Bureau recovered Rs30 billion in last 19 months.
Chairing a meeting to review overall performance of the Bureau at NAB headquarters, the NAB chairman said logical conclusion of mega corruption white collar cases was the top most priority of NAB.
He said NAB was committed to root out corruption in all its forms and manifestations with iron hands.
He said NAB, since its inception, had received about 1,56,858 complaints from individuals and private/ public organizations.
During this period, NAB filed 1,249 corruption references in respective accountability courts and recovered approximately Rs326 billion.
The figures of complaints, inquiries and investigations are almost double as compared to the same period of 2018 to 2019.
The comparative figures for the latest 19 months are indicative of the hard work being put in by all ranks of NAB staff in an atmosphere of renewed energy and dynamism, where fight against corruption is being taken as a national duty.
Increase in the number of complaints also reflects enhanced public trust in the anti-graft watchdog.
He said NAB’s prime focus was on cases of cheating public at large by fraudulent financial companies, money laundering, bank frauds, will ful bank loan defaults, misuse of authority and embezzlement of state funds by government servants.
The chairman said that NAB had established forensic science lab which had facilities of digital forensics, questioned documents and fingerprint analysis.
He said that reputed national and international organizations like PILDAT, Mishal Pakistan, Transparency International and World Economic Forum had indicated Pakistan’s efforts to eradicate corruption.
FBR announces extension of office hours
KARACHI: The Federal Board of Revenue (FBR) has issued a notification to...
Mian Noman Kabir elected unopposed President of LCCI
Mian Noman Kabir has been elected unopposed as the President of Lahore...
Price of LPG increase by rupees twenty per kg
Justifying the increase in the price in the global market, the price...
For development works of the Industry and Production Rs 1.45B has been released
The Ministry of Planning, Development, and Reforms, and Special Initiatives has so...