AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

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.