SC seeks ex­pla­na­tion from NAB over util­i­sa­tion of re­sources

The Pak Banker - - NATIONAL -

The Supreme Court on Mon­day di­rected the Chair­man Na­tional Ac­count­abil­ity Bureau (NAB) to sub­mit ex­pla­na­tion over us­age of re­sources of the Bureau.

A three-mem­ber bench of the apex court headed by Chief Jus­tice Jawwad S. Khawaja heard a case on pri­vate bank re­cov­ery mat­ter, where the ac­count­abil­ity bureau sought can­cel­la­tion of bail of Mo­ham­mad Tariq. Dur­ing the course of pro­ceed­ings, Chief Jus­tice Jawad Kh­waja re­marked that the Na­tional Ac­count­abil­ity Bureau (NAB) could not con­duct re­cov­ery oper­a­tions for any pri­vate bank with­out ap­proval of the Gover­nor State Bank of Pak­istan.

The Chief Jus­tice re­marked that the ac­count­abil­ity bureau did not catch de­fault­ers re­spon­si­ble for cor­rup­tion worth bil­lions of ru­pees and con­sid­er­ing big achieve­ment by nab­bing de­fault­ers of pri­vate banks like Muham­mad Tariq. The Chief Jus­tice ques­tioned, "was Na­tional Ac­count­abil­ity Bureau a re­cov­ery of­fi­cer of pri­vate banks or an au­thor­ity to elim­i­nate cor­rup­tion from the so­ci­ety". The court ob­served that ac­cord­ing to the Na­tional Ac­count­abil­ity Bureau or­di­nance sec­tion 51-D the bureau needs the ap­proval of the Gover­nor State Bank of Pak­istan; "if it was not sought then a case can be framed against the bureau". The Supreme Court has is­sued a no­tice to the Chair­man NAB to ap­pear be­fore the court along with de­tails of util­i­sa­tion of NAB re­sources, at the next hear­ing.

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