NAB Recovers Rs2.58B From the Corrupt, Signs MOU With China On Anti-Corruption

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The anti-corruption body has signed a number of memorandum of understandings with China for cooperation in ending corruption

ISLAMABAD (Nov 22, 2018): The National Accountability Bureau (NAB) has deposited a record Rs2.58 billion (nearly 20 million dollars) in the national exchequer after recovering it from the corrupt during the tenure of its existing chairman Justice (r) Javed Iqbal.

The country’s premier anti-graft body has also apprehended 503 corruption accused within the past 12 months.

In the past 12 months, complaints were registered against 44,315 people with the graft-buster, out of which 1,713 were verified, inquiries were initiated against 877 persons, and investigations were conducted against 227 persons.

The 10-month process established by the NAB head has led to 440 corruption references filed in different accountability courts, officials told a meeting chaired by the bureau’s Chairman  in Islamabad Thursday.

Justice (retd) Iqbal was appointed head of the country’s super anti-graft body in October 2017.

Justice (r) Iqbal while chairing a session at the probe body’s headquarters, where he reviewed performance of the regional bureau, directed the officers to dispose off mega corruption cases on a priority basis, besides transferring low magnitude ones to other anti-corruption departments so that all are disposed off within the prescribed time-frame of ten months.

According to the Chairman, conviction rate in NAB is 77 percent. He said that due to efforts of NAB against corruption, Pakistan’s ranking in the international competition index has improved by nine points.

In a statement issued earlier, he shared that the bureau has set up its own state-of-the-art forensics laboratory which has helped it in taking important cases to their logical conclusion based on evidence.

The Chairman said the watchdog has stepped up efforts to arrest proclaimed offenders and absconders and is investigating cases as per the country’s mega-corruption laws.

He further said that the anti-corruption body has signed a number of memorandum of understandings with China for cooperation in ending corruption, Geo News reported.

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