NAB recovered Rs262b in 15 years: report

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ISLAMABAD:

The National Accountability Bureau (NAB) has recovered a massive sum of Rs 262 billion in ‘misappropriated funds’ over a 15 year period, according to a report.

The recovered amount has reportedly been deposited in the national exchequer.

According to an Express Tribune report, between 1999 and 2014, the anti-graft watchdog received a total of 270, 675 complaints, and authorised 5,872 inquiries, it said.

 Some 2,908 cases were converted into investigations and 2,159 references were filed in different accountability courts throughout the country, it added.

The figures are indicative of the hard work being put in by all ranks of NAB staff in an atmosphere of renewed energy and dynamism, where the fight against corruption is viewed as a national duty. The growing increase in the number of complaints also reflects enhanced public trusted in NAB.

Established in 1999 as the country’s apex anti-corruption organisation, NAB operates under the National Accountability Ordinance (NAO) 1999, which extends to the whole of Pakistan, including Fata and Gilgit-Baltistan. The ordinance empowers the NAB to act against all those involved in corruption and corrupt practices.