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Home Lahore

NAB recovers Rs 2.02b under ‘voluntary return scheme’

byCT Report
24/10/2016
in Lahore, Latest News
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LAHORE: The National Accountability Bureau (NAB) has recovered Rs 2.022 billion under its so-called ‘voluntary return scheme’.

As many as 1,584 individuals, including ministers and civil servants, had entered into the voluntary return agreement and returned Rs2.022 billion from year 2002 to August 2016. The people who returned the said amount, include 165 servants from the federal and 1,419 from the provincial governments.

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A three-member bench, headed by Chief Justice Anwar Zaheer Jamali, is hearing a suo motu case on Voluntary Return which is mentioned at Section 25 (a) of the NAB Ordinance 1999.

Section 25 (a) of the NAB Ordinance says, “Notwithstanding anything contained in section 15 or in any other law for the time being in force, where a holder of public office or any other person, prior to the authorization of investigation against him, voluntarily comes forward and offers to return the assets or gains acquired or made by him in the course, or as the consequence, of any offence under this Ordinance, the Chairman NAB may accept such offer and after determination of the amount due from such person and its deposit with the NAB discharge such person from all his liability in respect of the matter or transaction in issue.” The next hearing of the case is due on Monday (today).

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