ISLAMABAD ( JAVED MAHMOOD )
The corruption references in the Accountability Courts involve Rs 1300 billion corruption. At present, 1,273 references are being heard by the accountability courts, involving corruption of Rs 1300 billion.
The National Accountability Bureau (NAB) has disclosed this in a press statement today. So far, NAB has recovered 533 billion rupees plundered money from different cases.
According to Chairman NAB Javed Iqbal NAB has no affiliation with any political party, group and individual. NAB officials have been directed to perform their duties in accordance with law with the realisation that eradication of corruption is their national duty.
He said that NAB is considered as a role model for entire SAARC countries. He said that Pakistan and China have inked Memorandum of Understanding MoU for eradication of corruption. Pakistan and China are jointly working for ensuring transparency in China Pakistan economic coordination in the CPEC project.
NAB has conducted probes in 56 public limited companies, probes in offshore companies, Fake Accounts, money laundering and misuse of authority, assets beyond known sources of income and cheating the public at large in illegal Housing/Cooperative Societies and Modaraba scams etc.
He said that plea bargains are deemed convictions which are approved by respected Accountability Courts. After a plea bargain, the accused not only accepts his/her guilt in writing before the Court but also returns to its looted money in the national exchequer. He said that NAB is the focal department under the United Nations Convention against Corruption which is pride for Pakistan.
He said that NAB has established a state of the art Pakistan Anti Corruption Training Academy on modern lines to train its investigation officers and Prosecutors in order to inquire/investigate white collar cases more professionally and to plead them very vigorously in the respected Courts on the basis of solid evidence as per law.
He said that NAB’s proactive Anti-Corruption Strategy has started yielding positive dividends. Due to its effective anti corruption strategy, NAB has not only recovered Rs814 billion looted money from corrupt directly and indirectly since its inception and deposited it in the national exchequer which is a record achievement of any Anti Corruption Organisation working in Pakistan.