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Posts Tagged ‘Transparency International Pakistan’

Islamabad: Transparency International Pakistan Friday praised Chief Justice Iftikhar Muhammad Chaudhry for taking suo motu notice of the alleged corruption of his own son and Malik Riaz of Bahria Town, terming it a defining moment in the history of the country.

A Friday press release announced: “TI Pakistan congratulates Chief Justice Iftikhar Muhammad Chaudhry for taking suo motu notice on a case of the Bahria Town chairman’s allegations against the son of chief justice that could see his own son behind bars.”

Chairman TI Pakistan Sohail Muzaffar described the development as a defining moment, and said nations were reborn only after such unprecedented revolutionary decisions for the supremacy of law were taken.

Syed Adil Gilani, Adviser TIP, asserted that that this suo motu action proved that Chief Justice Iftikhar was not exaggerating when he claimed that everyone was equal before the law: “He has proved that whosoever tries to pervert the course of justice will be taken to task whether it is the chief executive of the country, the all-powerful intelligence agencies or someone from the his own family,” he said.

Sohail Muzaffar added that corruption had reached an unprecedented level in Pakistan and that the judiciary was being confronted by the menace of deliberate defiance in the implementation of SC orders. With regard to the current case, he assured the judiciary that TIP fully endorsed the Supreme Court’s action, and fully backed the apex court in holding everyone accountable including the bribe payers and bribe takers.

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SC directed NAB to commence investigation in the NBP fraud case.

LAHORE: The National Accountability Bureau (NAB), under the directives of the Supreme Court of Pakistan, has started an inquiry into the Rs2 billion National Bank Employees’ Welfare Fund scam between 2003-08.

A statement issued by NAB on Monday read that the case involves senior officials of the NBP who had allegedly misused their authority to embezzle millions of rupees. The top management at NBP had distributed the workers welfare fund among themselves under the pretext of cash achievement awards.

According to an initial investigation in the matter, it was discovered that millions of rupees were divided among top officials between 2003-08. NAB has submitted its initial report to the SC.

The court had earlier directed NAB to look into the scam and to take steps as prescribed under NAO 1999 to recover the embezzled money. The case is already under process in the Federal Investigation Agency (FIA).

The NAB investigation team has asked NBP to provide details regarding the case while the bank’s management is yet to respond to NAB’s query.

Canal Motors case

Meanwhile in another case, a NAB Special Operation Wing investigation team has proceeded to Lahore to speed up investigations in the Canal Motors’ case where the accused had allegedly cheated the public out of Rs1 billion under the false pretext of investing the sum.

Canal Motors’ owners had collected millions of rupees from as many as 200 people in the name of importing of vehicles. NAB has already arrested three persons related to the case including the main accused owner Rana Qaisar Nazir. They are currently in judicial custody.

The NAB investigation team was in Lahore to verify the claims of the affected, in order to conclude investigations.

Course: The Express Tribune Pakistan

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According to Geo TV report the past 4 Years of PPP Govt are the worst period in the Pakistani History.
Islamabad: Pakistan lost an high amount, more than Rs8,500 billion (Rs8.5 trillion or US$94 billion), in corruption, tax evasion and bad governance during the last four years of Pakistan People’s Party (PPP) tenure, Pakistan’s leading newspaper TheNews International reported on Sunday.

Quoting the Transparency International Pakistan (TIP) advisor, Adil Gillani , the news paper said
the real impact of corruption in the country’s economy is far more than what is generally estimated or what is formally uncovered. Mr Gilani told the paper that he believed that Pakistan did not need even a single penny from the outside world if it effectively checked the menace of corruption and ensured good governance.

The newspaper said the four years of the present regime under Gilani had been the worst in terms of corruption and bad governance in the country’s history, adding that past records of corruption were broken and Pakistan started rising in the ranks of the most corrupt nations of the world.

It said there had been no check on corruption as the anti-corruption institutions like the National Accountability Bureau and Federal Investigation Agency instead of checking corruption had been siding with the corrupt.

Adil Gillani told that the TIP pointed out corruption of Rs390 billion in 2008, Rs450 billion in 2009, Rs825 billion in 2010 and Rs1,100 billion in 2011 under the present regime. The total of these identified cases of corruption is Rs2,765 billion.

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