Tag Archives: NAB

NAB arrests stock broker on SECP’s reference


ISLAMABAD: National Accountability Bureau (NAB) has arrested an officials of defaulted brokerage house while taking prompt action on a reference forwarded by the chairman of Securities and Exchange Commission (SECP).

NAB signs MOU to oversee transparency in CPEC project


ISLAMABAD: Qamar Zaman Chaudhry, Chairman, National Accountability Bureau (NAB) on Tuesday said that the bureau has signed a Memorandum of Understanding (MOU) with China to enhance cooperation in eradication of corruption and oversee transparency in China Pakistan Economic Corridor (CPEC) projects in Pakistan.

NAB imposes major penalty on 23 officials


ISLAMABAD: National Accountability Bureau (NAB) has imposed major penalties upon 23 officials while taking disciplinary action.

Estacode provisions circulated for combating corruption in Pakistan Customs


KARACHI: Federal Board of Revenue (FBR) has circulated a notification for all field staff of Pakistan Customs for implementation of rules related to curbing corruption in the organization.

Voluntary return of illegal money to include capital gain, bank profit rate under NAB Ordinance


ISLAMABAD: A person intended to avail voluntary return the illegal gain made during holding public office, is required to return along with capital gain and profit at the bank rate from the date of its illegal receipt.

NAB defends plea bargain law; says it exists in many countries


ISLAMABAD: Chairman National Accountability Bureau (NAB) Qamar Zaman Chaudhry on Wednesday defended the law of plea bargain and stated that this law exists not only in the laws of many countries but in Pakistan too.

NAB restrained from using powers of plea bargain settlements


ISLAMABAD: Supreme Court of Pakistan has restrained National Accountability Bureau (NAB) from using powers to clear persons through voluntary return and plea bargain deals.

NAB criticized for keeping alive case against Ishaq Dar on anonymous complaint


ISLAMABAD: National Accountability Bureau (NAB) has been strongly criticized for keeping alive a case against Senator Mohammad Ishaq Dar for 15 years on an anonymous complaint.

NAB drops investigation against finance minister, former senior tax official


ISLAMABAD: National Accountability Bureau (NAB) has decided to close investigation in many cases including against Finance Minister Mohammad Ishaq Dar and former senior tax officer Israr Rauf due to lack of evidences.

Eight pharmaceutical companies cause Rs1.08 billion loss to general public


ISLAMABAD: National Accountability Bureau (NAB) has discovered that eight pharmaceutical companies in connivance with high officials of drug pricing committee incurred Rs1.08 billion losses to general public.