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NAB recovers Rs 296b since establishment

byCT Report
11/04/2018
in Business
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ISLAMABAD: National Accoutability Bureau (NAB) has recovered a sum of Rs 296 billion from the corrupt elements and deposited the looted money in the national exchequer, reveals in a meeting of NAB here on Wednesday.

The meeting chaired by NAB Chairman Justice Javed Iqbal to review the overall performance of the Bureau. The meeting was told that NAB has so far received 3,67,742 complaints since its establishment. Out of which 3,65,374 has been disposed off as per law of the land.

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NAB has so far authorized the verification of 12,702 complaints. Whereas12,189 complaints has been disposed off after the verification.

The meeting was briefed that NAB has authorized to conduct inquiries of 8,084 complaints, out of which 7,425 inquiries have been disposed off as per law. NAB has authorized 4001 investigation since its establishment. Out of which 3,705 investigations have been disposed off.

The meeting was told that the NAB has authorized to file 3,050 references, out of which 2,049 references has been disposed off.

Justice Javed Iqbal directed the officials to complete inquiries, investigations and complaints as per prescribed time frame, so that the corrupt could be punished as per law, said a press release.

As many as 1,200 references are being heard in various accountability courts. He said NAB court would be asked to ensure early hearing and disposing of the cases so that people’s Rs 970 billion could be recovered and deposited into the national exchequer. He said elimination of the curse of corruption was his top most priority.

He was using his best abilities and resources for elimination of corruption. He directed NAB officers to perform their duties with utmost honesty, merit and as per relevant laws as law violators have no place in NAB. NAB was vigorously pursuing the policy of indiscriminate accountability. No hurdle in this regard would be tolerated, he added.

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