Times of Islamabad

Business community off from the the NAB threat

Business community off from the the NAB threat

ISLAMABAD: Chairman National Accountability Bureau (NAB) Justice (retd)Javed Iqbal on Wednesday said that the accountability watchdog was makingall those people accountable for their illegal acts which they havecommitted while remaining in power.

“No one dared to ask them about their sources of income before,” thechairman NAB said as President of the Gwadar’s Chamber of Commerce, MirNaveed Baloch called on him today.

Javed Iqbal said that the NAB respects business community as they had apivotal role in the progress and prosperity of the country.

“The business-related matters including income and sales tax are alreadytransferred to the FBR [Federal Board of Revenue],” he said.

He said that country is in debt of Rs 100 billion and they had toinvestigate as to where this money is being spent.

“Despite claims of expenditures, the hospitals lack bed facilities whilethe students are unable to get admissions in educational institutes,” hesaid and claimed that those who did not own a penny in 1980s now ownbuildings and plazas abroad.

“We are investigating as to from where does this amount come from,” he said.

It is pertinent to mention here that on September 13link, Chairman NAB Justice(retd) Javed Iqbal said that bringing cases of white-collar crimes and megacorruption cases to a conclusion was among their top priority.

He said that the accountability watchdog received 53,643 complaints duringthe year 2019 and successfully resolved 42,760 of them.