ISLAMABAD (Online): Chairman National Accountability Bureau (NAB) Qamar Zaman Chaudhry has been briefed about current status of Modarba/Musharika cases and recovery made so far and inquiry/investigations underway in Rawalpindi Bureau about it.
Chairman NAB chaired a meeting to review the current status of multi-billion Modaraba Scandal and was briefed by DG NAB Rawalpindi.
DG NAB Rawalpindi/Islamabad informed that there are total 29 cases in the modaraba scam including one inquiry and 28 references filed in the respective Accountability Courts which include Inquiry against Akbar Khan Assistant Director, Elixir Group underway at NAB Rawalpindi/Islamabad Bureau while 28 corruption references have been filed against the following accused persons in the respective Accountability Courts. DG NAB Rawalpindi further informed that NAB Rawalpindi has so far arrested 43 accused persons in Modarba/Musharlka scam.
DG NAB Rawalpindi informed that NAB Rawalpindi has recovered from accused persons of Modarba/Musharka Scam of Rs. 568.819373 million He informed that a list of 71 affectees in State Vs. Mufti Ehsan Ul Haq and others (Complaints against accused Aqeel Abbasi) case and list of 33 affectees in Sate Vs. Mufti Muhammad Saqib case is under approval stage for payment to the afectees of above said two scams.
The Chairman NAB said that NAB had chalked out a comprehensive National Anti-Corruption Strategy and adopted Zero Tolerance Policy to curb corruption and corrupt practices from the country.
He said that NAB during the last 16 years has received about 309,000 complaints from individuals and private/public organizations. During this period NAB completed about 6,300 inquiries, out of which 56 percent of these inquiries matured into formal investigation and more than 80 percent investigations were taken into the stage of prosecution in the courts of law.
Out of 1,762 decided cases, we achieved conviction in 889 cases. He said that NAB’s prime focus is on cases of cheating public at large by fraudulent financial companies, 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. 276 billion *of ill-gotten money which was deposited in the national exchequer which is a remarkable achievement of NAB.
The Chairman NAB said that NAB has developed an effective Monitoring and Evaluation System catering the needs of all concerned having salient features of maintenance of data at each stage including complaint entry, complaint verification, inquiry, investigation, prosecution stage and record preservation of Regional Board Meetings and ability to analyze data in qualitative and quantitative form having warnings and alarms system for violators.
NAB with improved infrastructure and rationalized workload, timelines have been prescribed for efficient, effective and expeditious disposal of case putting a maximum limit of 10 months- from complaint erification-to-inquiry-to investigation and finally to a reference in Accountability Court.
He said that NAB has established its first Forensic Science LAB (FSL) in NAB Rawalpindi/Islamabad Regional Bureau which has facilities of Digital Forensics, Questioned Documents and Fingerprint Analysis. He said that NAB intends to establish NAB’s Anti-Corruption Academy at Islamabad for capacity building of NAB officers/Officials.
He said that NAB is committed to eradicate corruption and its Anti-corruption campaign is carried widely for awareness and prevention of corruption besides Enforcement. NAB hopes that joint efforts of all stakeholders can collaborate to check corruption and corrupt practices before happening with the help of all stakeholders, civil society, media and people at large and bring sustainable systematic changes to the governance structure of our country.
