National Accountability Bureau

From Wikipedia, the free encyclopedia
National Accountability Bureau
Agency overview
Formed November 16, 1999 (1999-11-16)
Preceding Agency Constitution of Pakistan
Jurisdiction Constitution of Pakistan
Headquarters Islamabad Capital Venue
Agency executive Major (retired) Qamar Zaman Chaudary[1], Chairman
Parent department Autonomous (Autonomous)
Website www.nab.gov.pk

The National Accountability Bureau (Urdu: قومی دفتر احتساب‎; reporting name:NAB), is an autonomous and constitutionally established federal institution responsible to build efforts against corruption and prepare critical national economic intelligence assessments against economic terrorism to the Government of Pakistan.[2]

The NAB is empowered to undertake any necessary prevention and awareness, in all means, in addition to enforce its operations against the economic terrorism and financial crimes.[2] It was established on 16 November 1999 and its sphere of operation has been expanded and extended since.[3] The constitution grants to launch investigations, conduct inquiries, and issues arrests warrants against the individuals suspected in the financial mismanagement, terrorism, corruptions (all in private-sector, state-sector, defence sector, and corporate-sector), and directs cases to accountability courts.[2]

Established by Ordinance No. XIX in 1999, its powers has been extended to conduct inquiry at higher level by the Article 270AA of the Constitution of Pakistan.[2] With its chief headquarter located in Islamabad, it has four regional offices in the four provinces of the country as well as four capital territories of the country.[4] As of present, the institution is constituted and directed by its current chairman, Admiral (retired) Fasih Bokhari.[5]

Mission

Its mission according to the official website:

“ is to work to eliminate corruption through a comprehensive approach encompassing prevention, awareness, monitoring and combating.[6] ”

Organization

The bureau has two principal officers: the Chairman; and the Prosecutor General of Accountability in Pakistan. The Chairman is the head of investigation, and serves a four-year term. Lt-Gen Syed Mohammad Amjad was the first chairman of the bureau. Major (Retd) Qamar Zaman Chaudary is the present chairman of NAB. The Prosecutor General is the head of prosecution, and serves a three-year term. Additional Attorney General Karim Khan Agha is current Prosecutor General of National Accountability Bureau (NAB).

Performance and notable operations

Financial recoveries

Since its formation, the institution has recovered over ₨. 240 Bn (approximately $ 4 Bn) from corruption committed by country's elite politicians, bureaucrats, former military officers, and those involved in the white-collar crimes. According to Musharraf the "NAB was created to put the fear of God in the corrupt, as Pakistan was on the brink of being declared a failed state before he came to power."

In its research studies published by NAB in 2011, the institution has recovered ₨. 119.5Bn from bank defaults and provided ₨. 60Bn to restructured the banks.[7]

Prosecution and investigations

In 2011, the NAB reported that it has 1791 cases that were under prosecution, out of which, 1093 cases prosecutions were completed.[8]

See also


References

  1. ↑ Headline news, National. "Major (R) Qamar Zaman Chaudary assumes charge as Chairman of the National Accountability Bureau". GEO Television Network. Geo Public News Media plc. Retrieved 10/08/2011. 
  2. ↑ 2.0 2.1 2.2 2.3 National Accountability Bureau. "National Accountability Bureau". National Accountability Bureau. National Accountability Bureau. Retrieved 20 January 2013. 
  3. ↑ Pakistan. "Ordnance No. XVIII of 1999". Constitution of Pakistan. Constitution of Pakistan. Retrieved 20 January 2013. 
  4. ↑ Govt. Pakistan. "National Accountability Bureau (NAB) Ordinance 1999". Govt. Pakistan. Govt. Pakistan. Retrieved 20 January 2013. 
  5. ↑ Editorial (December 17, 2012). "Pakistan’s corruption problem". Express Tribune (TEX). Retrieved 20 January 2013. 
  6. ↑ About us – National Accountability Bureau
  7. ↑ "Financial recoveries". 
  8. ↑ "Prosecution Data". 

External links

This article is issued from Wikipedia. The text is available under the Creative Commons Attribution/Share Alike; additional terms may apply for the media files.