NAB chief says bureau committed to ending corruption

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ISLAMABAD: National Accountability Bureau (NAB) Chairman Javed Iqbal said the bureau was committed to eradicate corruption with absolute professionalism, transparency and ensuring merit.

Chairing a meeting to review performance of NAB at NAB Headquarters, he said corruption was the mother of all evils which undermines development and was one of the major hurdles in the way of prosperity and progress of the country.

Since its inception, NAB had deposited record Rs. 303 Billion in the national exchequer.

He said NAB’s main focus was on mega corruption cases of money laundering, embezzlement of state funds, cheating public at large, housing societies/cooperative societies scams, fraudulent financial companies, bank frauds and misuse of authority, etc.

Combine Investigation Team (CIT) system had been made effective on the basis of best practices in order to benefit from the experience and collective wisdom of senior supervisory officers.

This was not only lending quality to the work but also ensuring that no single individual can influence the official proceedings of NAB, the chairman NAB added.

He said NAB had adopted the enforcement-based approach in its fight against corruption. Special focus was therefore being given to Awareness and Prevention activities besides Enforcement policy to aware the people especially youth at large about the ill effects of corruption at an early stage.

He said NAB during the last 16 months had received 44315 complaints which were almost double from the previous year. NAB had filed 590 corruption references in respected Accountability courts during the last 16 months which was an excellent achievement as compared to last five years of NAB, he added.

On the basis of across the board accountability under its enforcement policy, NAB had not only arrested 569 accused persons but also recovered Rs. 4200 million from corrupt elements and deposited all amount in national exchequer during the last 16 months.

The recovery made by NAB during the last 16 months has been then returned to hundreds of effects and some government departments.