NAB recovers Rs 9.471m from OPF official

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National Accountability Bureau (NAB) on Friday recovered Rs 9.471 million from Overseas Pakistanis Foundation (OPF) General Manager Syed Iqbal Shah.

In a statement, NAB said that the accused was known for corruption and had assets that were beyond any known sources of income.

After taking cognizance by the bureau under NAB law, the accused person filed an application for Voluntary Return (VR) under section 25 (A) of NAO 1999. The accused person agreed to pay the determined liability of Rs 9.471 million, which was calculated by the investigation team.

The investigation team found this amount disproportionate to his known sources of income during his tenure as a public office holder from 1987 to 2012. The application was approved by Rawalpindi DG NAB and the accused person has deposited the amount of Rs 9.471 million by opting Voluntary Return.