Chairman NAB former Justice Javed Iqbal has said that the NAB gives priority to the mega corruption white collar cases as per law. He said that corruption is mother of all evils as it undermines economic development and deprives deserving persons of their due right as per law. He said that Pakistan is committed to the United Nations Convention against Corruption (UNCAC) in eradicating corruption through its three-pronged Anti-Corruption Strategy of awareness, prevention and enforcement, says a press release issued here.

He said that the NAB since its inception received about 3, 99,861 complaints from individuals and private / public organizations. During this period, NAB authorized 13,180 complaint verification, 8,587 inquiries, 4,124 investigations, filed 3,401 corruption references in respective accountability courts.

Currently, 1,211 corruption references are under trial in respective accountability courts across the country. The figures of complaints, inquiries and investigations are almost double as compared to the same period of 2017 to 2018.

He said that the NAB's prime focus is on cases of cheating public at large by fraudulent financial companies, money laundering, bank frauds, willful bank loan defaults, misuse of authority and embezzlement of state funds by Government servants etc. Since NAB's inception, one of NAB's major achievements has been the recovery of around Rs 297 billion of ill-gotten money which was deposited in the national exchequer which is a remarkable achievement of NAB.-PR

Copyright Business Recorder, 2019