NAB has solid evidence
of money laundering
against big fishes: Javed

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ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal has said that anti-graft watchdog has solid evidence of money laundering of billions of rupees against big fishes.

A high-level meeting was held under the chairmanship of Justice (r) Javed Iqbal in which the overall performance of NAB was reviewed.

Presiding over the meeting, Javed Iqbal said that NAB was committed to bring mega corruption cases to a logical conclusion by utilizing all resources.

He said that those who are claiming their innocence in the media are appearing before courts for their cases on daily basis.

The anti-graft agency chief said that NAB would continue to fulfill its national duty in accordance with the law without taking into account baseless media reports and propaganda.

Javed Iqbal said that NAB has set up a joint investigation team system to benefit from the collective wisdom of senior supervisory officers. The joint investigation team includes director, additional director, investigation officer, legal council, revenue and financial affairs experts.

Javed Iqbal claimed that the bureau had solid evidence of money-laundering of billions of rupees by the big fish. “The money was laundered through fake accounts under the names of ‘falooda wala, chhabri wala and paupar wala’.” According to a statement issued by the NAB headquarters here on Sunday, the chairman said that the accountability courts, in which the NAB had filed references against the accused persons, were the relevant authority to decide the innocence of any accused person.

He said that the people who claimed their innocence in media should better request the accountability court concerned for hearing of their cases on a day-to-day basis so that they pleaded their innocence where law would take its course of action.

He said that the NAB would continue performing its national duties without caring about any baseless media reports and propaganda against NAB.

He said that the NAB was committed to the logical conclusion of mega corruption cases by utilising all available resources as per law. He said that the NAB had constituted a Combined Investigation Team (CIT) to benefit from the collective wisdom of senior supervisory officers.

He stated that the CIT had the services of director, additional director, investigation officer, legal counsel and experts of the monetary and land revenue department. He added that NAB was the focal institution of Pakistan under the UN Convention against corruption and the chairman of SAARC Anti-Corruption Forum.

ISLAMABAD: NAB Chairman Justice (r) Javed IqbaL addressing an event explain working of his institution.

He said that the NAB was considered a role model organisation in SAARC countries. The chairman said that the NAB from Oct 2017 to Oct 2021 had recovered Rs538 billion directly and indirectly from corrupt elements which was a record achievement as compared to other years which showed a commitment and dedication of the NAB officers.

He said there are 1278 corruption cases, having an accumulative volume of approximately Rs1,335 billion, are under trial in various accountability courts of the country. He said the performance of NAB has been lauded by reputed national and international institutions. The bureau is the focal organisation of Pakistan under the United National Convention against Corruption (UNCAC). He said Pakistan is the only country with whom China has signed a memorandum of understanding (MoU) for the eradication of corruption. “The performance of NAB is being reviewed regularly on the basis of a monitoring and evaluation system so that it could be improved further,” he added.

He said that youth is our future, adding that the NAB has signed an MOU with Higher Education Commission in order to aware youth about the ill effects of corruption in universities and colleges at an early age. “Under this initiative, the NAB has successfully established more than 50,000 Character Building Societies in various universities and colleges besides constituting prevention committees in consultations with respective provincial and federal government departments in order to assist them to identify and plug loopholes in order to check corruption. He said that as per Gillani and Gallup survey, 59 percent people have shown trust upon NAB.”

He said that NAB has devised a comprehensive Quantified Grading System in order to further improve the performance of NAB Headquarter and all Regional Bureaus. Under Quantified Grading System, NAB Headquarters and Regional Bureau’s are being evaluated on annual and midterm basis at a given criteria which has proved very successful in increasing the performance of NAB.

Report against Ali Ahmed Khan

Meanwhile, a report regarding investigation from arrested accused Ali Ahmed Khan in telegraphic transfer (TT) scandal has been surfaced today (Thursday).

According to the report, Ali Ahmed Khan had assisted Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif in money laundering. The accused was on duty at Directorate General Public Relations (DGPR) and Chief Minister House from 2002 to 2018.

Ali Ahmed was also ‘benamidar’ of Sharif family.

The report further mentioned that Shehbaz Sharif, in his tenure, made relaxation in the rules for the appointment of the accused. During the employment period, Ali Ahmed had facilitated in formation of two

An accountability court in Lahore has sent a co-accused Muhammad Ali Khan to jail on a 14-day remand in the money laundering case against Shahbaz Sharif.

The accountability court’s judge Naseem Ahmad Virk conducted the hearing of the money laundering case against Shahbaz Sharif today. A co-accused Muhammad Ali Khan has been produced before the court.

During the hearing, the National Accountability Bureau (NAB) pleaded with the court to approve the physical remand of the co-accused. Muhammad Ali Khan, who was declared a proclaimed offender in the case, had been arrested by a NAB team on Tuesday.

The NAB prosecutor said that the accused was facing charges of being a benamidar of the former Punjab chief minister. The prosecutor told the court that the accused was allegedly involved in money laundering worth billion through benami companies.

The prosecutor added that Khan had been awarded employment at the Chief Minister Secretariat by Shahbaz Sharif. He had been summoned to record his testimony, however, he did not appear, the prosecutor said.

Later, the accountability court approved the 14-day remand of the co-accused.