NAB claims to have recovered over 50bn under present management


ISLAMABAD: The National Accountability Bureau (NAB) has recovered over Rs50 billion in ill-gotten money and deposited in the national exchequer during the current management’s tenure. It was revealed during a high-level meeting at the NAB Headquarters on Saturday.

During the meeting, NAB Chairman Qamar Zaman Chaudhry stated that the bureau had received 343,356 complaints from individuals, private and public organisations and have authorised 11,581 complaint verifications which resulted in 7,587 inquiries.

He further informed that 3,846 investigations were carried out, resulting in the filing of 2,808 corruption references. It was revealed during a meeting in the capital that over the last three-and-a-half years NAB’s overall conviction rate has stood at 76 per cent.

The meeting was told that as compared to the preceding three-and-a-half years, complaints, inquiries and investigations almost doubled during the present management’s tenure which shows that the bureau and its officials took the ‘fight against corruption’ as a ‘national duty’.

Terming 2014 as a year of reinvigoration, NAB chairman said that after introspection and analysis of organisational weaknesses and overhauling of procedures and processes, various divisions of the bureau have been reactivated. He claimed that the bureau was the only anti-corruption watchdog which had a prescribed maximum time-limit of 10 months, from complaint verification till filing a reference before the accountability court after verification and inquiry, for disposal of cases.

The chairman also expressed his resolve that the bureau will have to beat the clock by working hard and ensuring transparency according to the law.

The meeting was also briefed by NAB Prosecutor General Accountability (PGA) Waqas Qadeer Dar during the high-level meeting to review the overall performance of the prosecution division.  Dar highlighted the importance of the prosecution division as an important part of the bureau, which provided legal opinion and assistance to the operations divisions and regional bureaus during the conduct of inquiries and investigations.