The Chairman NAB said that there are about 1130 references under trial in respective Accountability Courts and their approximately worth is Rs 943 billion. NAB has conducted probes in 56 public limited companies, probes in offshore companies, Fake Accounts, money laundering and misuse of authority, assets beyond known sources of income and cheating the public at large in illegal Housing/Cooperative Societies and Modaraba scams etc. He said that plea bargains are deemed conviction which is approved by respected Accountability Courts. After a plea bargain, the accused not only accepts his/her guilt in writing before the Court but also returns to its looted money in the national exchequer.
He said that NAB has great regard for the business community as they are the backbone of the development of any country. NAB has established special cells for addressing the complaints of the business community related to NAB. He said that NAB also respects bureaucracy and directed all concerned to ensure self respect of all persons visiting NAB offices as per law. He said that NAB during the period of present management of three years has recovered Rs. 487 billion from corrupt elements and deposited in national exchequer which is a record achievement. The Chairman said that NAB has established its first Forensic Science Lab (FSL) in NAB and has rationalize its workload and timelines have been prescribed for efficient, effective and expeditious disposal of cases putting a maximum limit of 10 months which is a challenging target to investigate cases of even white collar crimes. NAB has also introduced a new System of Combine Investigation Team (CIT) in order to benefit from the experience and collective wisdom of senior supervisory officers, a system of CIT consisting of Director, Additional Director, Investigation Officer and a Senior Legal Counsel has been put in place. This is not only lending quality to the work. He said that the concept of CIT has proved very successful in order to improve the quality of inquiry and investigations and benefit from the experience and collective wisdom of senior officers. The comparative figures for the latest three years 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 NAB besides appreciation of reputed national and international organizations about NAB’s excellent performance. NAB’s faith is corruption free Pakistan. Efforts are being made to achieve this goal by putting best of the best efforts with the help of all stakeholders as per law.
In August 2023, Pakistan submitted its consolidated sixth and seventh periodic reports to the UNCRC…
United States presidential election was held on Tuesday, November 5, 2024, in which Donald Trump…
Since being entrusted to the Punjab Model Bazaar Management Company (PMBMC) in 2016, Model Bazaars…
Lahore's air quality has reached critical levels, with recent AQI (Air Quality Index) readings soaring…
Fog, smog or a clear sunny day, traffic accidents have sadly become a daily occurrence…
PM Shehbaz Sharif has stressed the urgent need for developed nations to take responsibility for…
Leave a Comment