NAB chalked out national strategy against corruption: Chairman

25 Oct, 2016 8:33 pm

ISLAMABAD (92 News) – National Accountability Bureau (NAB) Chairman Qamar Zaman Chaudhry has said that NAB has been assigned with the responsibility of elimination of corruption through a holistic approach of awareness, prevention and enforcement.

He made these remarks in a meeting with Attorney General Islamic Republic of Iran Syed Jafer Montazeri and Iranian Ambassador in Pakistan Mehdi Honardoost in Islamabad on Tuesday.

The NAB chairman said that corruption is a menace for all developing countries especially Asian countries which are striving for growth and to maintain economic stability.

He said that NAB had chalked out a comprehensive national anti-corruption strategy having zero tolerance policy and proactive approach to curb corruption and corrupt practices from the country.

He said during the last 16 years, NAB has received over 300,000 complaints from individuals and organizations out of which over 3,000 inquiries are matured into formal investigation.

He said that NAB’s prime focus is on cases of cheating public at large by fraudulent financial companies, bank frauds and willful bank loan defaults, misuse of authority and embezzlement of state funds by public servants.

He said Pakistan has become the first chairman of SAARC Anti-Corruption Forum which is a great achievement for NAB as well as for Pakistan.

Syed Jafer Montazeri lauded the performance of NAB. He appreciated its work output and requested for a written report about its mechanism.

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