Islamabad: National Accountability Bureau (NAB) under the leadership of its Chairman Qamar Zaman Chaudhry, has chalked out a comprehensive National Anti-Corruption Strategy (NACS) for eradication of corruption and corrupt practices throughout the country.
“NAB has prosecuted corrupts and has recovered over Rs. 4.5 billion of looted public money in the last one year bringing the total recovery to date to Rs. 264.4 billion since inception” says a statement issued by the NAB here.
According to the statement, the allocation to NAB for its working since creation was Rs. 11.8 billion, which was only 4.4% of recoveries made by NAB.
“The numbers of applications received in 2014 were 40077 which was double the number of 19900 received in 2013. The increase in applications to NAB was reflective of people’s confidence in our work.
“The litmus test of the efficiency and effectiveness of NAB’s efforts lie in the number of cases processed”, the statement said.
According to the statement, Corruption is the mother of all evils as corruption undermines development and rule of law. It added that Corruption not only causes delays in the early completion of development projects but also causes huge losses to national exchequer.
Considering these facts, the statement said that the National Accountability Bureau (NAB) was established as Pakistan’s apex anti-corruption organization which was assigned with the responsibility of elimination of corruption through a holistic approach of awareness, prevention and enforcement.
NAB on the directions of Qamar Zaman Chaudhry, Chairman NAB has been rejuvenated / reinvigorated.
In terms of inquiries, NAB has completed 585 inquiries during the year 2014 as compared to 243 during 2013. Similarly as many as 188 investigations were concluded in 2014 as compare to 129 in 2013. As regards, the references filed in respective Accountability Courts, in 2014, NAB has filed 208 references as compared to 135 during 2013.
“The rate of success of NAB’s prosecution work in all courts is approximately 70 percent”, the statement said.
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