NAB Rawalpindi distributes over Rs 240 million among Modaraba affectees - AsiaNet-Pakistan

NAB Rawalpindi distributes over Rs 240 million among Modaraba affectees

September 15, 2020 | | Share:

Islamabad, September 15, 2020 (PPI-OT): Honourable Mr. Justice Javed Iqbal, Chairman National Accountability Bureau said that the name of the country had been allegedly placed in the grey list due to the billion of rupee corruption committed by those who claim they did not devour even penny. Speaking in a cheque distribution among Modarba affectees, he said the plight of country including poverty, unemployment and absence of health facilities was the result of billion of rupee money laundering.

In the ceremony, NAB Rawalpindi distributed over Rs 240 million among 2,698 affectees. Chairman distributed cheques among the affectees. In Modarba case, the biggest dacoity in country’s history, the hard earned money of innocent people were plundered. Due to effective persuasion of NAB, Mufti Ehsan, the main accused in Modarba case had been awarded 10 years imprisonment and Rs 10 billion fine.

Quaid-e-Azam Muhammad Ali Jinnah while addressing the constituent assembly in 1947 had stated that bribery and nepotism the main ills being confronted to the country. Corruption is the root cause of all ills. There is a difference between street crimes and white collar crimes. NAB is the chairman of SAARC anti corruption forum and is role model for SAARC countries. World Economic Forum, Transparency International, PILDAT, and Mashaal Pakistan had already lauded NAB’s efforts of corruption.

NAB has so far recovered Rs466.069 billion and deposited in the national exchequer, whereas Rs 364 billion had been recovered and deposited into national exchequer in last three years, which is significant success of NAB. Right now, he said 1,240 cases having accumulative value of Rs 1200 billion are in various accountability court. The number of accountability courts are being enhanced on the orders of Chief Justice of Pakistan.

NAB has initiated Combined Investigation Team (CIT) to take benefit of collective wisdom of senior supervisory officers. The CIT comprising Director, Additional Directors, investigation officers, Legal Council and financial and land officers.

NAB is becoming even better institution as its officers are working diligently and honestly. NAB was activated in 2017 after introducing reforms in it. Grant of bail to any accused is not logical conclusion of any case. The court has granted remand in 99.9 percent corruption cases to NAB. This is worth noting that courts grant remand after analysing evidence. Money laundering of billion of rupees was committed in name of Falooda wala and Chhabri walas. NAB only conducts investigations of white collar crimes as some information has to be collected from abroad.

Flour and sugar scam probes would be taken to logical conclusion and nobody would be spared. He out rightly rejected the impression of lopsided accountability he said some people remained at helm of affairs for 30 years and some for only two years, they are busy in seeking bails. The atmosphere is changing fast. He lauded the performance of NAB Rawalpindi as the bureau played important role in enhancing overall performance of NAB.

DG NAB Rawalpindi Irfan Naeem Mangi vowed eradication of corruption under the leadership of Justice Javed Iqbal. He said NAB Rawalpindi has recovered Rs 297 billion directly or indirectly and deposited into national exchequer. NAB Rawalpindi has filed 77 reference of corruption, arrested 150 suspects, and managed the convictions of 55 culprits. NAB Rawalpindi officers are working diligently and performed excellently despite covid-19 pandemic under the supervision of Irfan Naeem Mangi, DG NAB Rawalpindi.

For more information, contact:
National Accountability Bureau (NAB)
Attaturk Avenue G-5/2, Islamabad, Pakistan
Tel: +92-51-111-NAB-NAB (111-622-622)
Fax: +92-51-9214503

Category: English, Official News