NAB inks deal with China for CPEC transparency

Bureau committed to eradicating corruption with iron hand, says chief

ISLAMABAD: Justice (retd) Javed Iqbal, Chairman National Accountability Bureau (NAB) said that Pakistan and China have inked a Memorandum of Understanding (MOU) to work jointly for ensuring transparency in the China Pakistan Economic Corridor project.

He said that NAB is playing a vital role in recovering looted money from culprits adding that since October 2017, the organisation has recovered billions of rupees.

In a statement issued on Tuesday, the NAB chairman said the bureau is absolutely committed to eradicating corruption with iron hands.

“Due to its continued efforts, NAB has recovered Rs297 billion from corrupt elements and deposited it in the national exchequer which is a record achievement, said Iqbal adding that the anti-corruption watchdog is a role model not only for the country but also for the entire SAARC region.



He said that Pakistan is the only country in Asia whose corruption perception index is persistently on declining trend. The performance of NAB has been lauded by SAARC countries and NAB has been unanimously elected as head of SAARC Anti-Corruption Forum which is a great achievement.

The NAB chief further said a grading system has been started to review annual performance of its officers. Under grading system, performance of NAB Headquarters and NAB’s regional bureaus is scrutinised on monthly, quarterly; midterm and annual basis and all regional bureaus are informed about their merits and demerits to overcome their shortcomings.

“I have decided to listen to people’s grievances on last Thursday of each month,” announced the NAB chief, adding that a complaint cell has also been set up at each regional office.

He also said that concept of combined investigation team (CIT) has been implemented in NAB for effective working in order to prevent any influence on investigating officers.