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Chairman NAB

NAB recovers Rs. 535B during tenure of incumbent management

ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (R) Javed Iqbal has said that the bureau has recovered Rs. 535 billion during the tenure of incumbent management from Oct 2017 to June 2021.
In a statement, he said the performance of all regional bureaus of NAB for the last more three years remained exemplary as compared to previous years of NAB since its inception as well as other anti corruption organizations. NAB has filed 93 mega corruption cases out of a total of 179 mega corruption cases. The cases were under trial in various Respected Accountability courts. 10 cases were at the inquiry stage and 10 mega corruption cases were at investigation stages. Logical conclusion of mega corruption cases is the top most priority of NAB, NAB, out of 179 mega corruption cases, 66 have been disposed of as per law. There are 1,273 NAB’s references of approximately Rs 1300 billion are under trial in different accountability courts throughout the country.
The anti-graft watch dog had chalked out an effective national anti-corruption strategy which resulted in excellent performance.
He said that Gilani and Gallup survey indicated that 59 percent people of Pakistan have shown trust upon NAB which is ample evidence of NAB’s across the board accountability as per law. Due to NAB’s proactive anti-corruption strategy, NAB’s overall conviction ratio is about 66 percent which is a remarkable achievement in the investigation of White Collar Crimes in the world. The reputed national and International organizations like Transparency International Pakistan, World Economic Forum, Global Peace Canada, PILDAT and Mishal Pakistan have lauded NAB’s efforts to eliminate corruption which is ample evidence of NAB’s excellent performance in an atmosphere of renewed energy, commitment and devotion in conduct of inquiries and investigations against the untouchables/big fish inspite of criticism on NAB but NAB will continue its official duties caring any pressure, threat and criticism as per law. He said that NAB has geared up and rejuvenated to eradicate corruption within all its forms and manifestations. He said that the major focus of NAB is on corruption and corrupt practices, money laundering, cases of cheating the public at large, willful bank loan defaults, and misuse of authority and embezzlement of state funds.
He said that NAB strongly believed in eradication of corruption and recovering looted money from corrupt people as its top most priority in order to make Pakistan corruption free as the fight against corruption was being taken as NAB’s faith is Corruption free Pakistan. He said that NAB was the focal organization of Pakistan under United Nations Convention against Corruption (UNCAC) as Pakistan has ratified and was signatory of UNCAC. Pakistan was the only country in the world to which China has signed a memorandum of understanding (MoU) for eradication of corruption.
He said that NAB was the chairman of SAARC Anti Corruption Forum. This was a reorganization of NAB’s excellent work as NAB was considered as a role model among SAARC countries.

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.