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NAB adopts enforcement based approach for its fight against corruption: Javed Iqbal

NAB adopts enforcement based approach for its fight against corruption: Javed Iqbal

ISLAMABAD: National Accountability Bureau Chairman Justice ® Javed Iqbal presided over a meeting to review performance at its headquarters.

During the meeting, NAB chairman said that NAB’s main focus is on mega corruption cases, cases of cheating public at large, housing societies, cooperative societies, fraudulent financial companies, bank frauds, willful bank loan defaults, misuse of authority, money laundering and embezzlement of state funds etc.

The intervention by NAB has acted a catalyst, as transparency is a prerequisite for promoting investment and economic growth. Since its inception NAB had adopted the enforcement based approach for its fight against corruption.

NAB chairman said that a new system of Combine Investigation Team (CIT) system has been put in place on the basis of best practices in order to benefit from the experience and collective wisdom of senior supervisory officers. This is not only lending quality to the work but also ensuring that no single individual can influence the official proceedings of NAB.

He said that NAB has established its own state-of-the-art Forensic Science Lab (FSL) in NAB Rawalpindi which has facilities of digital forensics, questioned documents and finger print analysis. He said that NAB on bilateral cooperation, has signed a Memorandum of Understanding (MoU) with China to streamline and structure and cooperation in the fields of anti-corruption.

In the context of CPEC this cooperation will further boost opportunities in project undertaken in Pakistan. He said that an effective accountability mechanism is quitesential for economic growth, investment and stability of social order.