NAB to net more big fish in days to come
ISLAMABAD—Following recovering millions of rupees from the residence of Balochistan Finance Secretary Mushtaq Ahmad Raisani, National Accountability Bureau is likely to net more big fish in other provinces.
On Friday the NAB recovered more than Rs 730 million from the residence of Balochistan finance secretary who was arrested earlier in the day. Raisani has been accused of embezzling billions of rupees from local government development funds, a senior NAB official, who did not want to be named, said.
NAB recovered bags filled with local and foreign currency from Raisanis residence. Sources said that the NAB chairman has directed officials to gear up the campaign against corrupt elements without any discrimination. In this regard, the bureau is expected to raid some more residences/places of important personalities in the days to come, the sources said without disclosing further information.
Sources said that the NAB Chairman has repeatedly ex- pressed commitment to eradicate corruption through holistic approach of Awareness, Prevention and Enforcement and by adopting Zero tolerance policy against corruption throughout the country. He has directed all officers/officials of NAB to put in their best efforts in conduct of complaint verifications, inquiries and investigations against corrupt in accordance with laid down laws/SOPs of NAB.
Meanwhile, sources said that the NAB has reauthorized inquiry against former Chairman Capital Development Authority Kamran Lashari for illegally awarding contracts to non qualified firms which caused loss of Rs 38.99 million rupees to the national exchequer.
In this case, the accused person has been alleged for prequalification of firm on the basis of defective evaluation and award of work to non-qualified firm, non-obtaining of performance guarantee from the contractor and premature payment to the vendor/contractor without completion of module of the project.
In its recent Executive
Board Meeting (EBM) the NAB authorized investigation against Tariq Iqbal Khan, Ex-Chairman and MD, National Investment Trust, Asif Jameel, Ex-Director, NIT and others. In this case, the accused persons were alleged for illegal sale of Pakistan Engineering Company shares by the management of NIT without obtaining necessary approval of the Government.