NAB claims recovery of Rs 466 billion from corrupt elements

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NAB claims recovery of Rs 466 billion from corrupt elements

ISLAMABAD - National Accountability Bureau (NAB) has fulfilled its duties perfectly as it has deposited a sum of Rs 466 billion in the national exchequer after recovering from the corrupt elements since its inception which is a record achievement.

In a statement issued here yesterday, the NAB said, corruption is a curse and is the only solution to eradicate menace of corruption is surgery as corrupt elements inflict multiple losses to the country.

Chairman NAB Justice (R) Javed Iqbal had devised an effective anti-corruption strategy immediately after taking over the responsibilities as chairman in 2017. His strategy has been acknowledged by various reputed organizations from the world. The visionary Chairman NAB has also introduced various reforms in the Bureau for taking action against the corrupt without any discrimination.

The NAB, with its headquarters in Islamabad and eight regional offices located at Karachi, Lahore, Quetta, Peshawar, Rawalpindi, Sukkur, Multan and Gilgit-Baltistan, is working hard with best of their abilities to eradicate corruption and recover looted money from corrupt elements in order to deposit in the national exchequer. NAB during the tenure of Justice Javed Iqbal has recovered Rs. 363 billion during the last two years which is an ample evidence of NAB’s commitment to the cause of eradication of corruption and to make corruption free Pakistan.

He firmly believes in taking action across the board by adopting the “Accountability for All” policy without considering their status or position in government or opposition. Some 59 percent people of the country have expressed their satisfaction over the NAB performance as manifested in the surveys conducted by Transparency International, World Economic Forum, PILDAT and Mashal Pakistan. This has indeed rejuvenated NAB.

The NAB is also the Chairman of SAARC anti-corruption forum and is a focal institution of the country as per anti-corruption convention of United Nations (UNCAC), which is honour for the country due to NAB’s efforts. It has the distinction of inking an MoU with China for combating corruption and sharing each other’s experiences regarding elimination of corruption.

NAB has registered a total of 53,643 complaints during the year 2019. Of which 42,760 were addressed as per law. NAB had authorized 2,166 complaint verifications and concluded 1,308 complaint verifications. The Bureau okayed 1,686 inquiries in the year 2019 and forwarded 747 inquiries for further action. It also approved 609 investigations and processed 269 investigations. Out of 179 mega corruption cases, 11 inquiries and 14 investigations are near completion.