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NAB

National accountability bureau (NAB) is a federal institution established on November 16th 1999 by national accountability ordinance. Federal executive agency of government with mandate to deal with corruption prevention. NAB headquarters is present in federal capital Islamabad.

National Accountability Bureau is operational under two bodies, Chairman & prosecutor general of Accountability in Pakistan. Chairman serves four-year term and is head of the investigation. First NAB Chairman was Lt-Gen Syed Mohammad Amjad between 1999 and 2000 whereas present chairman is Justice (R) Javed Iqbal.

the NAB is authorized to undertake any essential steps for the preclusion of corruption and spread awareness among citizen. Since its formulation National Accountability bureau has recovered $4 Billion until now, which include politicians, business personals and armed forces officers. NAB was specially designed to investigate and stop white collar crime which is the base for degrading any countries economy

according to a research published by NAB in 2011, the institution has recovered Rs 119.5 Billion from bank defaults and provided Rs 60billion to restructured the banks. Form 2018 NAB has increased their efforts against big defaulters involved directly or indirectly into white collar crime. National Accountability Bureau has recovered millions of dollars until date and still aim to recover billions from the defaulters.

Law enforcers incarcerate 45 suspects in Rawalpindi

RAWALPINDI: Police and law enforcement agencies conducted a search operation late on late Friday night near adjoining localities of Rawalpindi airport and arrested 45 suspects, ARY News reported. According to sources, those arrested also include two Afghan nationals. The nabbed suspects were shifted to an undisclosed location for interrogation. Meanwhile, police launched a raid in Effindi Colony and captured five suspects. Sources told that all of five suspects belonged to tribal areas. It is pertinent to mention here…

LESCO officials arrested over corruption charges    

LAHORE: Arshad Rafiq and Mehboob Ali, Chief Executive Officer and former Director of Operation of Lahore Electric Supply Company (LESCO), have been arrested by National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) on corruption charges, ARY News reports. According to NAB sources, the two persons have been accused of corruption in buying transformers and to not carry out load shedding in industries after taking bribes. They have also been suspected for taking bribes for the upgrades in factory…

NAB allows Turkish rental power ship to sail to Dubai

Islamabad: Pakistan's National Accountability Bureau (NAB) has issued a No Objection Certificate (NOC) to Turkish energy firm Karkey Karadeniz ElektrikUretim A.S. (Karkey) to sail one of its power-vessels to Dubai for maintenance purposes. Karkey was one of 12 rental power companies that were awarded contracts in 2009. However, the Supreme Court cancelled all contracts in March 2012 after learning about lack of transparency and the companies’ failure to produce power in the required quantity despite having received money in…

Individual summoned does not mean he is accused: NAB

ISLAMABAD: National Accountability Bureau (NAB) has said that the investigations of the NICL Corruption Case are ongoing with complete transparency. It was further stated that to summon any individual does not mean that he is accused in the case - ARY News reports. In a statement issued on Friday, NAB said that to summon an individual is not based upon the political affiliation of that person, nor it means that the individual is accused in the case. It was stated that the summons can be issued to anyone related to the…

NAB investigates a land scam worth Rs 6 Billion

Islamabad: The National Accountability Bureau (NAB) has investigated Rs 6 billion land scam in the National Police Foundation’s (NPF) housing scheme in Islamabad. Now the selling and purchasing of plots is not allowed. NAB has summoned 45 former IGs and 13 former DIGs who are reported to have obtained three to seven plots in sector E-II of the housing scheme. Retired senior officials of police have been asked to appear before investigators to record their statements about plots allotted to them. In the light of the court’s…