AIRLINK 76.48 Decreased By ▼ -3.52 (-4.4%)
BOP 5.20 Increased By ▲ 0.02 (0.39%)
CNERGY 4.50 Increased By ▲ 0.04 (0.9%)
DFML 35.37 Increased By ▲ 0.21 (0.6%)
DGKC 77.48 Increased By ▲ 0.60 (0.78%)
FCCL 20.25 Increased By ▲ 0.27 (1.35%)
FFBL 36.35 Increased By ▲ 0.75 (2.11%)
FFL 9.54 Increased By ▲ 0.01 (0.1%)
GGL 10.04 Decreased By ▼ -0.12 (-1.18%)
HBL 117.20 Increased By ▲ 0.20 (0.17%)
HUBC 132.39 Decreased By ▼ -0.11 (-0.08%)
HUMNL 7.04 Decreased By ▼ -0.02 (-0.28%)
KEL 4.66 Increased By ▲ 0.01 (0.22%)
KOSM 4.61 Decreased By ▼ -0.04 (-0.86%)
MLCF 37.12 Decreased By ▼ -0.38 (-1.01%)
OGDC 133.85 Decreased By ▼ -0.62 (-0.46%)
PAEL 23.10 Increased By ▲ 0.20 (0.87%)
PIAA 26.51 Decreased By ▼ -0.12 (-0.45%)
PIBTL 6.70 Decreased By ▼ -0.11 (-1.62%)
PPL 111.75 Decreased By ▼ -0.35 (-0.31%)
PRL 27.67 Increased By ▲ 0.47 (1.73%)
PTC 14.48 Increased By ▲ 0.10 (0.7%)
SEARL 56.08 Decreased By ▼ -0.31 (-0.55%)
SNGP 67.81 Increased By ▲ 0.81 (1.21%)
SSGC 10.83 No Change ▼ 0.00 (0%)
TELE 9.20 Decreased By ▼ -0.09 (-0.97%)
TPLP 10.99 Decreased By ▼ -0.19 (-1.7%)
TRG 67.50 Decreased By ▼ -1.50 (-2.17%)
UNITY 25.32 Decreased By ▼ -0.17 (-0.67%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 7,536 Increased By 13.7 (0.18%)
BR30 24,389 Decreased By -13.4 (-0.05%)
KSE100 71,791 Increased By 96.1 (0.13%)
KSE30 23,592 Increased By 50.3 (0.21%)

National Accountability Bureau (NAB) chairman former Justice Javed Iqbal has said allegations levelled by business community and traders on the accountability watchdog are unjustified. "Some of the traders' impressions regarding NAB during their meeting with economic team of the government and Chief of the Army Staff General Qamar Javed Bajwa are awkward and I negate some of the business community's concerns about the bureau," the NAB chairman said while addressing a news conference here on Sunday.
He said NAB will never take unfriendly steps against businessmen. "We are struggling to provide a good environment to the businessmen in the country. The NAB does not formulate business policies. It took measures for the betterment of the business community," he said.
He said, "Not merely a single institution is responsible for the economic crisis ... we are neither without reins nor wholly independent ... it will be difficult to remain silent under the fire of criticism. We will not let businessmen get demoralised as we aim for eradication of corruption only."
Removing the smokescreen from the sky, the chairman NAB said he never demanded arbitrary authority. He said that the bureau is in no way aspiring for sweeping powers as enjoyed by anti-corruption bodies in Saudi Arabia. He said regretfully that he was particularly shocked by the reservations raised by a businessman who had recently written a letter for praising the anti-graft body's performance.
He further pointed out that NAB officers would never let such insinuations affect their performance or morale and would continue to protect national interests. He said NAB is working independently within the law.

Copyright Business Recorder, 2019

Comments

Comments are closed.