NAB Chairman reveals solid evidences of money laundering of billions of rupees of big fishes
ISLAMABAD - Chairman National Accountability Bureau Justice (R) Javed Iqbal has said that the Bureau has solid evidence of money laundering of billion of rupees of big fish.
In a statement issue by NAB said that the national anti-corruption watchdog has submitted corruption references in respected Accountability Courts which are under trial.
He said that Quaid-e-Azam Muhammad Ali Jinnah, the father of the nation, in his address to Assembly had identified bribery and nepotism as main the curses.
He said that there is a difference between white collar crimes and in street crimes. NAB is committed for logical conclusion of mega corruption cases.
He said that NAB is the focal institution of Pakistan under the UN convention against corruption and is Chairman of SAARC Anti-Corruption Forum. NAB is considered a role model organization in SAARC countries. International Economic, Transparency International Pakistan, PILDAT, Mishal Pakistan has lauded the anti-graft watchdog’s anti-corruption endeavours.
Says about 1,243 corruption cases involving Rs943b under trial in various accountability courts
NAB has so far deposited Rs 714 billion since its inception which is being termed as a great achievement.
Some 1,243 corruption cases, having accumulative corruption volume of Rs 943 billion, are under trial in various accountability courts.
The chairman said that NAB has constituted a Combined Investigation Team (CIT) to benefit from the collective wisdom of senior supervisory officers. The CIT has the services of director, additional director, investigation officer, legal counsel and experts of monetary and land revenue department.
NAB officers are working with dedication and commitment as per law. The Bureau is on right track due to the commitment of its officials. Concrete evidences of billion of rupees money laundering are available. Billion of rupees were laundered by opening fake accounts in the names of “Faluda Wala,” “Chabri Wala” and “Paupar Wala”.
He said NAB investigates white collar mega corruption cases and time is required to probe such cases as some information needed to be collected from abroad.
The Chairman NAB vowed to take the ongoing flour and sugar scam investigations in logical conclusion as per law.