Pakistan

Rs263 billion recovered since NAB formation, prosecutor tells SC

Rs169 billion were recovered during first four years of NAB's formation

Hasnaat Malik July 16, 2015

PHOTO: AFP

ISLAMABAD: Submitting details regarding the recovery of Rs263 billion in last 15 years, the National Accountability Bureau (NAB) on Thursday informed the Supreme Court it had collected Rs181 billion from loan defaulters.

In compliance of the top court’s order, NAB Additional Prosecutor General Akbar Tarar while submitting details said, "Of Rs181 billion, Rs169 billion were recovered during the first four years of the formation of NAB (2000-03), which is 93 per cent of the total recovery."

Read: NAB’s ability to collect voluntary returns restored

The report added NAB had recovered Rs19.046 billion through ‘Voluntary Return’ (VR) while Rs10.712 billion through ‘Plea Bargain’ (PB) in the last 15 years.

Further, over Rs2 billion were collected through VR and PB in the continuing year. Meanwhile, Rs29 billion were deposited with NAB against court fines.

A copy of the report available with The Express Tribune can be viewed here:

COMMENTS (5)

Kam | 9 years ago | Reply Out of 263 billion collected in 15 years, 169 billion recovered in first 4 musharraf years....... So if government was serious to recover money from last PPP govt era they could have collected 1000 billion. And the next govt could recover another 1000 from present govt. 'muk mukka' or in other terms politics of reconcilliation.

vicktor d'souza | 9 years ago | Reply @Ishrat salim: Rs 82 Billion was processing costs !

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Shakil Ahmed Khan | 9 years ago | Reply NAB (2000-03), which is 93 per cent of the total recovery! so since then its just burdon on tax payers? and may have spent these billions recovered by Musharraf Government! democratic forces just loot and NAB dont get a penny back.

Brar | 9 years ago | Reply And we say our countries are poor.

Ishrat salim | 9 years ago | Reply Where has the balance of Rs 82 billion gone ? Out of Rs 263 Rs 181 actual collected, then why say Rs 263 collected ? then NAB says, maximum collected during 2000 - 2003, during dictators period, where corruption was much less and during civilian govt when corruption is higher, collection was negligible, why ? can some one explain ?

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