NAB needs Saudi-styled powers, says NAB chief Javed Iqbal

NAB needs Saudi-styled powers, says NAB chief Javed Iqbal

1 views

LAHORE: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal on Thursday said that if he is given the powers, which are available to the anti-corruption authorities in Saudi Arabia, he can bring back all the looted money back to Pakistan in the shortest possible time.

“The Saudi authorities took four weeks to recover the looted wealth and he would accomplish the task in just three weeks,” he claimed while addressing traders and manufacturers at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in Karachi.

“Times have changed. Now even those corrupt people have been sent behind the bars about whom nobody had ever imagined so,” Javed Iqbal said, adding that everybody would have to reap what he would sow.

The NAB chief noted that cases of the business community pertaining to income tax and sales tax would henceforth be referred to the Federal Board of Revenue (FBR), as tax evasion was different from money-laundering.

He said that money-laundering is a crime. He added that the Supreme Court of Pakistan had also sent NAB a number of such cases before, and the Bureau had always filed references after thorough investigation.

The chairman NAB said that a lot of cases regarding the Panama scandal were at the process. Corruption-Free Pakistan is the goal set by the Bureau, he stressed over the fact that NAB was an institution that was people-friendly.

About author

Rava Desk

Rava is an online news portal providing recent news, editorials, opinions and advice on day to day happenings in Pakistan.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Your email address will not be published. Required fields are marked *