Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business
????????????????????????????????????

????????????????????????????????????

Process underway to bring back looted money stashed abroad: Javed Iqbal

byCT Report
21/02/2019
in Business, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice ® Javed Iqbal has said that NAB’s faith is corruption free Pakistan because root-out corruption is part of our faith.

He said that NAB is using all available resources to bring back looted wealth stashed in foreign banks. He said that we focus on case instead of fee. He directed NAB officials to perform their duties honestly, dedicatedly, transparent and purely on merit. He said that now NAB is becoming a national institution who is operating according to law.

You might also like

stack of one hundred dollars notes on dollars background

Pakistan’s foreign currency deposits increase by $31m in September 2026

14/10/2026

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

14/10/2026

He said that due to confidence reposed by general public NAB received 54344 inquiries during last 13 months and after scrutiny 2125 complaints were referred for further verification, 1059 inquiries started and investigations of 302 cases were approved, while 590 corruption references were filed in courts which are being heard nowadays.

NAB chairman said that during the last 13 months an amount of Rs3919.80 million was deposited in the national kitty and NAB arrested 569 people. He said that during 2018. NAB punishment ratio stood 70.8 percent which is an example.

He said that 1219 corruption cases are being heard in different court which involved revenue of Rs895 billion. He directed all regional offices to review and file corruption references in NAB courts on priority basis and keeping in view of merit and transparency.

He strictly directed all investigation officials to conduct investigation purely on merit without harming the dignity and respect of any individual. He said that NAB successfully returning the amount which was looted by corrupt people under fake housing schemes. He said that NAB distributed Rs1 billion among affectees of different housing societies.

He said that a special counter is established at NAB headquarters for businessmen where a director-level official will be present to address their issues.

 

Related Stories

stack of one hundred dollars notes on dollars background

Pakistan’s foreign currency deposits increase by $31m in September 2026

byCT Report
14/10/2026

KARACHI: Foreign currency deposits in Pakistan increased by $31.31 million, or 0.45%, to $6.966 billion in September 2026 from $6.935...

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

byCT Report
14/10/2026

KARACHI: Pakistan's car sales increased 19% year-on-year (YoY) to 50,480 units during the first quarter of FY27, despite declining 12%...

LHC rejects delayed tax references filed by FBR & govt bodies

byCT Report
14/10/2026

LAHORE: The Lahore High Court (LHC) has declared all tax reference applications filed after the prescribed time limit inadmissible, ruling...

Pakistan seeks international investment through digital finance, says Bilal bin Saqib

byCT Report
14/10/2026

ISLAMABAD: Pakistan is focusing on expanding international investment opportunities by adopting modern financial technologies and contributing to the development of...

Next Post
A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. REUTERS/Akhtar Soomro/File Photo

Equity market plunges on selling pressure

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.