Justice (retired) Javed Iqbal, Chairman of the National Accountability Bureau (NAB) revealed, on Sunday, that the organization had ‘solid evidence’ of significant money laundering being operated under fake names.
“NAB is on the right track due to commitment of its officials. Solid evidence of billions of rupees money-laundering are available, which were laundered by opening fake accounts in the names of ‘falooda walas’, ‘chhabri walas’ and ‘paupar walas’, he said in a statement on Sunday. The NAB chairman said officers were working with dedication and commitment as per law. He said NAB investigates white-collar mega corruption cases and time is required to probe such cases, as some information needed to be collected from abroad. “There is a difference between white-collar crimes and street crimes,” Javed Iqbal said.
NAB’s Chairman further stated that the organisation is viewed as an exemplary structure by the countries that make up SAARC.
“Transparency International Pakistan, PILDAT, Mishal Pakistan have lauded anti-graft watchdog’s anti-corruption endeavors,” he said, adding that NAB has succeeded in recovering Rs714 billion since its establishment.
“Some 1,243 corruption cases, having accumulative corruption volume of Rs943 billion, are under trial in various accountability courts,” said the Chairman.