Islamabad - Chairman National Accountability Bureau Qamar Zaman Chaudhry yesterday said the NAB has recovered Rs 18.831 billion during the last year.

The NAB has recovered a total of Rs 264.4 billion so far, he further said while addressing the participants of Investigators’ Basic Induction Course (IBIC-VII), organised by Training and Research Division NAB in cooperation with Police Training College at Sihala.

Chaudhry said the number of applications received in 2014 was 40,077 which was double as compared to the number of 19,900 received in 2013. “The increase in applications to NAB is reflective of people’s confidence in our work,” he added.

The chairman said the NAB had completed 585 inquiries during the year 2014 as compared to 243 inquiries during 2013 while as many as 188 investigations were concluded in 2014 as compared to 129 in 2013. He said the NAB had filed 208 corruption references in accountability courts in 2014 as compared to 135 cases filed during the year 2013.

He described that NAB had recovered Rs 5.408 billion in 2014 under Voluntary Return (VR) as against Rs 2.07 billion in 2013. The recoveries under Plea Bargain (PB) are rather phenomenal as against just half a billion rupees in 2013 but bureau recovered 13.423 billion in 2014.

He said the NAB recovered and returned billions of rupees to victims of notorious scams including double Shah, modarba scam, housing societies scams and forex companies scams.

The chairman NAB mentioned that it was in this context that Pakistan Institute of Legislative Development and Transparency (PILDAT) in its 2014 report rated NAB’s performance at 42 % based on public survey which compares quite favourably to 29 % public confidence in Police and 26 % in government officers working. The rate of success of NAB’s prosecution work in all courts is approximately 70 %, he added. The Transparency International Report has also rated Pakistan from 175 to 126 which is a great achievement for Pakistan in last 20 years.

He congratulated the newly inducted officers. The chairman said they have been selected through a very competitive process, a process which was as competitive, objective, transparent and fair and out of 45,900 applicants, only 122 got selected.

He said that NAB was trying to create awareness amongst masses about dreadful effects of corruption in the society and it is printing NAB’s message “Say No to Corruption” on driving licences, utility bills and holding seminars and workshops. The NAB has given special emphasis on character building societies (CBS) being set up in educational institutions across the country to build an effective edifice against corruption, he added.