Eradication of corruption top priority of NAB

Business Recorder

ISLAMABAD: Eradication of corruption and recovery of looted money from the corrupt is the top most priority of National Accountability Bureau (NAB) and it has recovered about Rs 2,580 million from corrupt elements during one year.
NAB has only not chalked out proactive anti-corruption strategy by adopting “Accountability for All” policy but also during the last one year it has started yielding excellent dividends.
On the basis of across the board accountability, NAB has not only arrested 503 accused persons during one year but also recovered Rs. 2580 million from corrupt elements, said a press release issued here on Saturday.
The recovered amount had been returned to hundreds of affectees and some government departments.
NAB has filed 440 corruption references in various accountability courts as per law during last one year.
Today NAB is role model institution among SAARC countries and its performance has appreciated by all reputed national and international organizations like PILDAT, Mishal Pakistan, Transparency International and World Economic Forum.
NAB till date had recovered over Rs 297 billion from the corrupt and deposited in the national exchequer and NAB’s conviction ratio is approximately 77 percent.
Due to vigorous awareness campaign of NAB, today eradication of corruption is the voice of whole nation.
The NAB Chairman has directed all officials to complete all inquiries, investigations, file corruption references in respective accountability courts on merit.
In the last one year, the NAB chairman had taken notice of various complaints including alleged corruption reports in Multan Metro Project, corruption in 56 public limited companies, existence of 435 offshore companies of Pakistanis in Panama and British Virgin Islands, corruption in construction, expansion of Kachhi Kanal, Gwadar Industrial Estate Development Authority for alleged corruption, inquiry against some local NGOs, INGOs on the reports of alleged embezzlement of funds, Sale of PIA aircraft on cheaper rates, return of housing societies’ plundered money reports.
RDA, ICT, CDA, KDA, PDA, LDA and QDA have started placing details of illegal housing societies/cooperative housing societies on their website and also informing the people through advertisements in order to aware people about their investments in legal housing societies.
Chairman NAB has started listening public complaints on every last Thursday of the month and directed all DGs of Regional Bureaus to listen public complaints related to corruption in their respective Regional Bureaus.

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