AGL 40.09 Increased By ▲ 0.09 (0.23%)
AIRLINK 130.70 Increased By ▲ 1.17 (0.9%)
BOP 6.92 Increased By ▲ 0.24 (3.59%)
CNERGY 4.62 Decreased By ▼ -0.01 (-0.22%)
DCL 8.92 Decreased By ▼ -0.02 (-0.22%)
DFML 42.90 Increased By ▲ 1.21 (2.9%)
DGKC 84.25 Increased By ▲ 0.48 (0.57%)
FCCL 32.75 Decreased By ▼ -0.02 (-0.06%)
FFBL 78.60 Increased By ▲ 3.13 (4.15%)
FFL 12.16 Increased By ▲ 0.69 (6.02%)
HUBC 110.29 Decreased By ▼ -0.26 (-0.24%)
HUMNL 14.42 Decreased By ▼ -0.14 (-0.96%)
KEL 5.62 Increased By ▲ 0.23 (4.27%)
KOSM 8.41 Increased By ▲ 0.01 (0.12%)
MLCF 39.50 Decreased By ▼ -0.29 (-0.73%)
NBP 63.71 Increased By ▲ 3.42 (5.67%)
OGDC 200.60 Increased By ▲ 0.94 (0.47%)
PAEL 26.50 Decreased By ▼ -0.15 (-0.56%)
PIBTL 7.77 Increased By ▲ 0.11 (1.44%)
PPL 160.89 Increased By ▲ 2.97 (1.88%)
PRL 26.60 Decreased By ▼ -0.13 (-0.49%)
PTC 18.58 Increased By ▲ 0.12 (0.65%)
SEARL 82.97 Increased By ▲ 0.53 (0.64%)
TELE 8.20 Decreased By ▼ -0.11 (-1.32%)
TOMCL 34.37 Decreased By ▼ -0.14 (-0.41%)
TPLP 9.01 Decreased By ▼ -0.05 (-0.55%)
TREET 16.99 Decreased By ▼ -0.48 (-2.75%)
TRG 60.20 Decreased By ▼ -1.12 (-1.83%)
UNITY 27.61 Increased By ▲ 0.18 (0.66%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,722 Increased By 314.8 (3.03%)
BR30 32,041 Increased By 327.6 (1.03%)
KSE100 99,453 Increased By 2124.6 (2.18%)
KSE30 31,036 Increased By 843.8 (2.79%)

President Arif Alvi approved on Wednesday the National Accountability (Amendment) Ordinance, 2021, under which NAB Chairman retired Justice Javed Iqbal will remain on the post until a new appointment is made.

According to the amendment, the new NAB chairman will be appointed for a period of four years. The chairman's term can be extended as per the amended ordinance.

As per the ordinance, the president will appoint the NAB chairman after consulting the Prime Minister and the Leader of the Opposition.

In case there is no consensus on the appointment, the issue will go before a 12-member parliamentary committee formed to deal with the issue of the NAB chairman's appointment.

PM Imran will not consult Shehbaz Sharif on NAB chairman appointment: Fawad

After the passage of the ordinance, the president has the authority to establish as many accountability courts as he considers necessary.

The ordinance states that Judges to the accountability courts will be appointed for a three-year period.

Govt decides to extend NAB chief’s tenure

Earlier, Federal Minister for Information and Broadcasting Fawad Chaudhry said that Prime Minister Imran Khan will not consult with Shehbaz Sharif, leader of the opposition, over the appointment of the National Accountability Bureau (NAB) chairman.

"If the opposition wants us to consult with the leader of the opposition, they [opposition] should change the leader of the opposition," he emphasized.

Comments

Comments are closed.