NAB Chairman Highlights Impressive Recovery & Savings Achievements

Chairman of the National Accountability Bureau (NAB), Lt Gen (retd) Nazir Ahmed, revealed that the bureau has successfully recovered an impressive sum of Rs2.3 trillion and generated savings exceeding $10 billion for the national exchequer. Speaking at an event, he underscored the collective effort required to combat corruption, expressing NAB’s dedication to ensuring that every act of corruption faces consequences.
Nazir Ahmed stressed that eradicating corruption necessitates collaborative efforts from all stakeholders, emphasizing that no single institution can accomplish this monumental task alone. He reiterated NAB’s commitment to upholding the United Nations Convention against Corruption (UNCAC) and highlighted the positive impact of documenting the economy, anticipating a significant reduction in corruption through this measure.
Prominent economist and Director General of NUST Institute of Policy Studies (NIPS) Dr Ashfaque Hasan Khan and Country Representative of United Nations Office on Drugs & Crime (UNODC) Pakistan Jermey Milsom, attended the event as guest speakers.
Dr Ashfaque Hassan Khan, in his keynote speech, stated that it is the responsibility of every citizen to get registered in the taxation system so that they can get welfare benefits from the State.
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He mentioned that individuals in the informal/unregistered economy often experience poverty due to a lack of access to banking incentives, including loans. He stressed that restructuring the tax system to provide incentives would be more advantageous than relying on punitive measures.
Earlier, Nauman Aslam, Director General of the Awareness & Prevention (A&P) Division at NAB Headquarters, provided an overview of the significance of observing Anti-Corruption Day and highlighted the A&P Division’s role in raising awareness about the detrimental effects of corruption.
The Chairman also recognized and honored NAB officers with Merit and appreciation Certificates for their exceptional performance in their respective domains.