The Pak Banker

NAB rejects businessme­n's concerns as 'completely baseless'

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National Accountabi­lity Bureau (NAB) Chairman Javed Iqbal on Sunday refuted reservatio­ns that the business community had recently expressed about the accountabi­lity watchdog as "completely baseless".

While addressing a press conference in Islamabad, Iqbal said that he was shocked when he learnt that one individual had expressed his reservatio­ns about NAB in the much-talkedabou­t meeting between Chief of Army Staff (COAS) Gen Qamar Javed Bajwa and some of Pakistan's most powerful business tycoons on Wednesday. However, the NAB chairman said that a few days prior, the same individual had written a letter to the bureau in which he had applauded its services.

Iqbal said that he would not name the businessma­n as he didn't want to affect anyone's image, but said that if the individual had reservatio­ns he should have shared them with the bureau. The NAB chairman added that not just one business tycoon, but at least three, had written letters to the bureau in which they praised it. He said that he would furnish the said letters if needed be. Iqbal expressed his gratitude to them for praising NAB as well as for expressing their reservatio­ns.

"Every person or institutio­n can make lapses," he said, adding that God had given humans intelligen­ce in order to minimise the lapses. The NAB chairman added that a fourmember committee has been formed, the mandate for which is being determined. He said that it could be seen as an "advisory" institutio­n that would discuss the problems of the business community and find solutions to them.

"I want to clarify that the formation of a committee doesn't mean that NAB is not an independen­t institutio­n or that NAB is subservien­t," he said.

Last week, the business community met with both the army chief and Prime Minister Imran Khan. According to Inter-Services Public Relations (ISPR), the army chief had told a group of businessme­n that the country's "improved internal security environmen­t" has "created space for increased economic activity".

The participan­ts of the meeting said they hammered the point about NAB interferin­g in business activities. "There was a lot of noise about National Accountabi­lity Bureau," one person had told media. The following day, in separate meetings with business barons, Prime Minister Imran had assured them that a strategy had been finalised to address the concerns of the business community regarding NAB.

During one meeting, the prime minister told the businessme­n that the government had decided to form a committee comprising senior persons of the industry. The committee would have the mandate to decide which cases regarding businessme­n should be taken up by NAB and which should not.

Addressing the press conference today, Iqbal said that while he was speaking to businessme­n at the Federation of Pakistan Chamber of Commerce and Industries (FPCCI) on Thursday.

 ?? -APP ?? Special Assistant to the PM on National Health Services, Regulation­s & Coordinati­on, Dr. Zafar Mirza chaired a high level meeting regarding Dangui.
-APP Special Assistant to the PM on National Health Services, Regulation­s & Coordinati­on, Dr. Zafar Mirza chaired a high level meeting regarding Dangui.

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