Peshawar: NAB claims vital role in curbing corruption
PESHAWAR: National Accountability Bureau (NAB) NWFP has said that the bureau has performed a pivotal role in rooting out corruption from the society and improved the ranking of the country by dropping corruption index to 42 points.
In an official statement issued here on Thursday, NAB NWFP Director General Air Vice Marshall Muhammad Jamshaid Khan said that NAB has recovered billions of rupees from corrupt elements during the past few years.
He said that 117 billion rupees have been recovered from defaulters of bank loans and 60 billion rupees have been recovered from people who managed to reschedule their loans. Likewise, 25 billion rupees were recovered under plea bargain.
He said that Rs 200 billion of financial resources are being wasted through corrupt practices at the higher level and Rs 67 billion are wasted because of corrupt practices at the lower level every year.
He said that the bureau has always accepted suggestions for reforms and the process of reforms will continue in this organisation. About the achievements of NAB, he said 85,000 complaints have been processed so far, 1,306 cases have been put in court and 2,965 persons involved in corruption cases have been convicted. He said the rate of conviction in NAB cases remained 68 percent.