Petrol Crisis, NAB Chairman's confidence  news headlines  chairman nab speech  nab chairman ext
Channel: Media World 247
Date: 2021-11-26

Petrol Crisis, NAB Chairman's confidence  news headlines
#petrolprice #petrolhike 
Storm in a teacup created over NAB recoveries: Chairman Javed Iqbal
NAB chairman says "controversies have surrounded the bureau because it questioned powerful people for laundering money worth billions of rupees".
"Not all recovered amount is in cash that can be deposited in the national treasury," he says.
"Says it was a difficult task to bring back the looted wealth of Pakistan."
LAHORE: Chairman National Accountability Bureau (NAB) Justice Javed Iqbal Thursday hit back at critics after questions were raised about the recoveries made by the anti-graft body and where the amount was deposited.

The finance ministry, according to a media report, last month had shared that they were unaware of recoveries worth more than Rs821 billion — except Rs6.458bn — that the NAB claimed to have recovered since its establishment. Afterward, lawmakers had asked the authorities concerned to carry out a probe into the matter and ascertain the whereabouts of the amount.

Speaking at an event in Lahore, Justice (retd) Javed Iqbal said 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 said.

The NAB chairman said that it was a difficult task to bring back the looted wealth of Pakistan.

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