NAB to net more big fish in days to come

Pakistan Observer - - FRONT PAGE - ZAHID CHAUD­HARY

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.

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