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Storm in a teacup created over NAB recoveries: Chairman Javed Iqbal

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Chairman National Accountability Bureau (NAB) Justice Javed Iqbal. File photo
Chairman Nationwide Accountability Bureau (NAB) Justice Javed Iqbal. File picture 

LAHORE: Chairman Nationwide Accountability Bureau (NAB) Justice Javed Iqbal Thursday hit again at critics after questions had been raised concerning the recoveries made by the anti-graft physique and the place the quantity was deposited.

The finance ministry, in response to a media report, final month had shared that they had been unaware of recoveries price greater than Rs821 billion — besides Rs6.458bn — that the NAB claimed to have recovered since its institution. Afterwards, lawmakers had requested the authorities involved to hold out a probe into the matter and verify the whereabouts of the quantity.

Talking at an occasion in Lahore, Justice (retd) Javed Iqbal mentioned that the “storm in a teacup is created about where billions of rupees of recovery have gone.”

“Not all recovered amount is in cash that can be deposited in the national treasury,” he mentioned.

The NAB chairman mentioned that it was a tough job to carry again the looted wealth of Pakistan.

He mentioned that blaming NAB wouldn’t finish the instances, including “controversies have surrounded the bureau because it questioned powerful people for laundering money worth billions of rupees.”


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