$133mn go into pockets of corruption mafia every daily: NAB

March 30, 2016 Off By Web Desk

KARACHI: National Accountability Bureau’s (NAB) Director General Col (Retd) Siraj-ul-Naeem on Thursday said that corruption is a greater threat to business sector in Pakistan, adding that due to mega corruption in different sectors of Pakistan, country loses at least 133 million dollars every day.

Addressing a seminar entitled “Awareness and Prevention against Corruption”, organized by University of Karachi in collaboration with NAB at KU Arts Auditorium, the DG showed concern that Pakistan has ranked the 117th most corrupt country on the 168-slot world corruption list as per an international survey report.

DG Siraj said after interference of the NAB and action in the Sindh province, they have successfully got cancelled registration of 24,000 acres of land in Sindh province which was illegally allotted to some favourite people violating the law. This land worth of Rs 4trillion was returned back to the Sindh government.

He said illegal allotment of at least 0.3 million acres of land in 56 villages of district Thatta was also cancelled in Sindh which was incorporated in Village Form VII in the name of fake and suspicious owners by amending in Record of Rights.

NAB never compromises on merit, neither external nor internal pressure is taken in any case, he said, adding in fact the NAB is free from all sorts of pressures.

Siraj said that recruitment process in NAB is very tough and its officials work day and night as well as get training on daily basis from foreign investigative agencies.

The DG said that there is no enquiry going on against University of Karachi under the NAB. He said that some news released by some media houses a few months back in this regard were nothing but rumours.

According to World Economic Forum’s report, 2.6 trillion dollars are wasted annually in corruption globally as corruption is a global issue.

He said 59 anti-corruption and accountability related laws or acts have been passed. The NAB was formed under the National Accountability Ordinance 1999.

KU’s Vice Chancellor Prof Dr Mohammad Qaiser said that eradication of corruption is pivotal for country’s growth and stability. Our youth must play a vital role to fight against corruption as students will be on key governmental positions and will be deciding the fate of the nation. These sorts of programs will be held on regular basis in different faculties of the varsity as well so that we all can play a positive role fighting against corruption.

KU Faculty of Management and Administrative Sciences Prof Dr Khalid Iraqi said that Corruption is the greatest menace of our society. Its basic reasons are political patronage and administrative incompetence. We must provide greater opportunities to our youth to fight with this menace of our society. Responsibility is pivotal alongside accountability and accountability process must be done from top to bottom.

Registrar KU Prof Dr Moazzam Ali Khan while delivering the welcome address welcomed the DG NAB and termed these sorts of awareness seminars pivotal for the eradication of corruption and greater awareness among youth.

The program was attended by faculty members, dignitaries and a large number of students.