ISLAMABAD: NAB Chairman Lt. Gen. (R) Nazir Ahmed claimed that the bureau had recovered Rs. 2.3 trillion and generated over US $10 billion in savings for the national exchequer.

Speaking at an event held at NAB HQ here on Saturday (9th of Dec, 2023) commemorating International Anti-Corruption Day with the theme Documented Economy Curbs Corruption, he emphasized that combating corruption requires collective effort.

NAB is dedicated to ensuring that every instance of corruption faces consequences.

Lt. Gen. (R) Nazir Ahmed, emphasized that the eradication of corruption required collective efforts from all stakeholders, as no single institution could accomplish this task alone.

He reaffirmed NAB’s commitment to ensuring that every instance of corruption faces consequences.

The Chairman asserted that the documentation of the economy will undoubtedly benefit the country and significantly reduce corruption.

He reiterated NAB’s commitment to fulfilling the obligations outlined in the United Nations Convention against Corruption (UNCAC).

Prominent economist and Director General of NUST Institute of Policy Studies (NIPS) Dr Ashfaque Hasan Khan and Country Representative of United Nations Office on Drugs & Crime (UNODC) Pakistan Jermey Milsom, attended the event as guest speakers.

Dr Ashfaque Hassan Khan, in his keynote speech, stated that it is the responsibility of every citizen to get registered in the taxation system so that they can get welfare benefits from the State.

He mentioned that individuals in the informal/unregistered economy often experienced poverty due to a lack of access to banking incentives, including loans.

He stressed that restructuring the tax system to provide incentives would be more advantageous than relying on punitive measures.

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