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 Breaking News

NAB rejects media reports regarding raid on NICVD Karachi

byCT Report
03/11/2020
in Breaking News, Business, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: NAB has denied and rejected media reports about National Institute of Cardio Vascular Diseases (NICVD), Karachi and said that NAB had received various complaints about alleged allegations of corruption and corrupt practices through 13 different points varying misuse of authority /powers in respect of giving illegal appointments and release of excessive salaries and unjustified Satellite allowances, illegal out of turn promotions up to grades of 19 and 20, grant of illegal loans, misuse of 27 bank accounts of NICVD, violation of decisions taken in meetings of Board of Governors and violation of SSPRA Rules in procurement etc.

  1. NAB sought record from NICVD and also engaged Health Department; Government of Sindh for provision of record through a focal person of Health as Health Department; Government of Sindh providing funds to NICVD. The Health Department; Government of Sindh provided the funds to NICVD amounting to Rs5,150,000 million to NICVD, Karachi during the current financial year 2020-21 also but the management of NICVD and Health Department, Government of Sindh are not providing relevant information and record to NAB Karachi in spite of various requests in order to conduct a fair and transparent inquiry into the affairs of NICVD which was approved by the competent authority as per law.
  2. Due to continued non-cooperation of NICVD for provision of relevant record, the NAB team visited NICVD, Karachi to expedite the official record from NICVD which was being deliberately delayed on one pretext or another in order to create hurdles in the conduct of smooth, fair, transparent and independent inquiry as per law.

It was not a raid; rather it was a visit to get official record. NAB hopes that the management of NICVD and Health Department, Government of Sindh will extend full cooperation with NAB in conduct of inquiry against NICVD, Karachi so that official point of view of all concerned will be incorporated to meet the ends of justice and come clean if NICVD has not done anything against the law in this regard.

You might also like

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

21/07/2026

Pakistan banks expected to report lower Q2 2026 profits

21/07/2026

Related Stories

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...

Pakistan banks expected to report lower Q2 2026 profits

byCT Report
21/07/2026

KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...

FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit

byCT Report
21/07/2026

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...

FBR imposes excise duty on e-liquids used in vapes & e-cigarettes

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...

Next Post

LHC wants DRAP to furnish record of hike in medicine prices

  • 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.