AGL 36.51 Decreased By ▼ -1.49 (-3.92%)
AIRLINK 216.01 Increased By ▲ 2.10 (0.98%)
BOP 9.46 Increased By ▲ 0.04 (0.42%)
CNERGY 6.59 Increased By ▲ 0.30 (4.77%)
DCL 8.50 Decreased By ▼ -0.27 (-3.08%)
DFML 40.90 Decreased By ▼ -1.31 (-3.1%)
DGKC 99.48 Increased By ▲ 5.36 (5.69%)
FCCL 36.48 Increased By ▲ 1.29 (3.67%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.17 Increased By ▲ 0.78 (4.76%)
HUBC 126.25 Decreased By ▼ -0.65 (-0.51%)
HUMNL 13.35 Decreased By ▼ -0.02 (-0.15%)
KEL 5.24 Decreased By ▼ -0.07 (-1.32%)
KOSM 6.71 Decreased By ▼ -0.23 (-3.31%)
MLCF 44.24 Increased By ▲ 1.26 (2.93%)
NBP 60.50 Increased By ▲ 1.65 (2.8%)
OGDC 222.49 Increased By ▲ 3.07 (1.4%)
PAEL 40.60 Increased By ▲ 1.44 (3.68%)
PIBTL 8.16 Decreased By ▼ -0.02 (-0.24%)
PPL 191.99 Increased By ▲ 0.33 (0.17%)
PRL 38.60 Increased By ▲ 0.68 (1.79%)
PTC 27.00 Increased By ▲ 0.66 (2.51%)
SEARL 103.50 Decreased By ▼ -0.50 (-0.48%)
TELE 8.62 Increased By ▲ 0.23 (2.74%)
TOMCL 34.86 Increased By ▲ 0.11 (0.32%)
TPLP 13.60 Increased By ▲ 0.72 (5.59%)
TREET 24.99 Decreased By ▼ -0.35 (-1.38%)
TRG 71.99 Increased By ▲ 1.54 (2.19%)
UNITY 33.33 Decreased By ▼ -0.06 (-0.18%)
WTL 1.72 No Change ▼ 0.00 (0%)
BR100 11,987 Increased By 93.1 (0.78%)
BR30 37,178 Increased By 323.2 (0.88%)
KSE100 111,351 Increased By 927.9 (0.84%)
KSE30 35,039 Increased By 261 (0.75%)

ISLAMABAD: The chairman National Accountability Bureau (NAB) former Justice Javed Iqbal on Sunday said that the top anti-graft body is determined to take money laundering and mega corruption white collar crimes cases to their logical conclusion as per law.

The statement from the top anti-graft body chief came a day after Prime Minister Imran Khan requested the judiciary and NAB for speedy disposal of graft cases, involving opposition leaders and others.

"All resources are being utilised to nab proclaimed offenders and outlaws of illegal housing societies, Modarba cases. The operation and prosecution divisions of NAB had already been directed to file petitions of early hearing for disposal of about 1230 corruption references under trial in various respected accountability courts of the country," said NAB chief in a statement.

He said that the law will take its own course for punishing the looters of billions of rupee and to recover looted money from them and deposit in the national exchequer as per law.

The chairman NAB said that eradication of corruption is the top most priority of NAB as the only solution of eradicating the cancer of corruption is surgery. The under trial corruption references in respected accountability courts are of about Rs943 billion, so that the huge money could be recovered from corrupt elements.

He said that NAB is investigating the cases of money laundering and other corruption cases transparently and professionally on merit as per law. He said that NAB is determined to root out corruption without renewed vigour and determination. NAB officers are fighting against corruption while considering it their national duty.

"NAB is working hard to make the country corruption free. The performance of NAB has been lauded by reputed organisations including Transparency International, World Economic Forum, Mashal Pakistan and PILDAT," he added.

He said that NAB has introduced the mechanism of combined investigation team (CIT) comprising two investigation officers, one each legal and financial consultant, which works under the supervision of director and DG concerned in order to benefit from collective wisdom.

NAB has established a Forensic Science Laboratory, which improves the quality and standards of inquiries and investigations. The laboratory provides services of analysing digital forensic, question documents and finger prints.

He said that NAB is the only institution in the world which has inked memorandum of understanding (MoU) with China. A MoU had also been signed with Higher Education Commission (HEC) for disseminating implications of corruption among youth. Pakistan is the first chairman of SAARC Anti Corruption Forum.

NAB ordinance entrusted NAB the responsibilities of eradication of corruption and to recover looted money from corrupt elements. NAB has so far recovered Rs466 billion and deposited the amount into national exchequer. The conviction ratio of NAB is 68.8 percent which is the best as comparing to other such institutions, which is a pride for NAB.

Copyright Business Recorder, 2020

Comments

Comments are closed.