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NAB authorizes 20 inquiries against various persons

Islamabad, Feb 23 /DNA/ – The Executive Board Meeting (EBM) of NAB was held under the chairmanship of Mr. Justice Javed Iqbal, Chairman NAB. Zahir Shah, Deputy Chairman NAB,Syed Asghar Haider, Prosecutor General Accountability,

Masood Alam Khan, Director General, Operations Division NAB and other senior officers of NAB attended the meeting.

It is years long prescribed policy of NAB to inform the people about the details of decisions taken in the EBM. NAB does not want to hurt anyone as all inquiries, investigations were initiated on alleged allegations which are not final. NAB is a human friendly organisation.NAB only decides to go ahead with after knowing the point of view of the accused So that all the requirements of justice are met.

The EBM authorised conducting of 20 inquiries against various personalities including against Muhammad Ashfaq Khan, former director Pakistan Railways, Qaiser Riaz Cheema,Muhammad Azhar,Malik Deen, Muhammad Nawaz Khan, Ahmed Saeed, Shahnawaz Yasin and others, Messers Nawa City Developers/Partners/Directors, Junaid Afzal, Aamir Saleem Khan,Bilal Bin Ishaq, Muhammad Abbas,Qasim Shahzad and others,Miss Mahrukh Waheed,owner/director Joint Testing private service limited, Nadeem Iftikhar,Khurram Iftikhar, Shahzad Iftikhar,Messers Amtex Limited,Messers Shama Exports and others,Waqas Ali,Chief operating officer/director messers Top Notch World Technologies, Lahore and others,Muhammad Junaid,Chief operating officer, Messers Life Style Development, SMC, Private Limited and others,

Muhammad Sadaqat Nazar Ali Khan and others, Romana Nasir, Shahab Anwar, Karachi Metropolitan Corporation,Muzaffar Ali Sheikh,Ghulam Kubra, Shaukat Hussain, deputy manager, Forest department,Khyber Pakhtunkhwa,

Shahzad Dawood, Akhtar Nawaz Khan, Adil Khan,Haji Ali Muhammad and Sons and inquiry against Gohram Bugti, MPA,Balochistan Assembly was authorised.

Honourable Mr. Justice Javed Iqbal, Chairman National Accountability Bureau said that NAB’s faith is corruption free Pakistan.  NAB adheres to the policy of “Accountability for All” as per law.

The logical conclusion of mega corruption white collar crime cases especially money laundering,fake account, asset beyond known sources of income, illegal housing societies, Modaraba and eradication of corruption is the top priority of NAB.

National Accountability Bureau (NAB) has convicted as many as 1,405 persons for their corruptions during the over  last four years. NAB had recovered record Rs. 539 billion from corrupt elements directly and indirectly during last four years.

NAB has established the Anti-Money Laundering and Combating the Financing of Terrorism (AML&CFT) cell at its Headquarters to check financial crimes and illegal transfer of resources. AML&CFT cell would coordinate with the Financial Action Task Force (FATF) Secretariat and stakeholders concerned to curb money laundering and terror financing.Anti Money Laundering Cell is tasked with liaising, implementing, monitoring and analyzing the National FATF Secretariat and relevant stakeholders.

He said that due to effective follow up of NAB Rawalpindi, the learned Accountability Court, Rawalpindi had convicted Ghulam Murtaza Malik

with a term of 10 years RI and fine of Rs57.472 million and under section 3 of the Anti-Money Laundering Act (AMLA-2010) punishable under Section 4 of the Act ibid to undergo further sentence of three years rigorous imprisonment and fine of Rs8,900,000.It was the first-ever case in the history of National Accountability Bureau (NAB), in which an accused had been convicted under the Anti-Money Laundering Act (AMLA-2010).NAB is focal organisation of Pakistan under United National Convention against Corruption (UNCAC).NAB is also the Chairman of SAARC Anti-Corruption Forum.

NAB is the only organisation which has signed a memorandum of understanding (MoU) with China to oversee China-Pakistan Economic Corridor (CPEC) projects being completed in Pakistan. Which is honour for NAB.

Well reputed national and international Organisations like Transparency International Pakistan, World Economic Forum, PILDAT and Mishal Pakistan have lauded NAB’s efforts for eradication of corruption. According to Gillani and Gallup Survey about 59 percent people have shown their confidence in NAB, he adedd.






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