National Accountability Bureau (NAB) Chairman Lt Gen (retd) Nazir Ahmed announced a significant achievement, revealing that the bureau has successfully recovered an impressive amount of Rs2.3 trillion and saved over $10 billion in savings for the national exchequer.
Speaking at an event, he highlighted the necessity of collective efforts in combating corruption, emphasising that every instance of corruption should face consequences.
Chairman Nazir Ahmed underscored the importance of collaboration among all stakeholders, stating that the eradication of corruption is a shared responsibility that no single institution can accomplish alone.
He reiterated NAB’s commitment to fulfilling obligations outlined in the United Nations Convention against Corruption (UNCAC), emphasising that documenting the economy is a crucial step in reducing corruption.
Prominent economist Dr Ashfaque Hasan Khan and UNODC Pakistan’s Country Representative, Jermey Milsom, attended the event as guest speakers.
Dr Khan, in his keynote speech, emphasised the citizen’s responsibility to register in the taxation system for access to state welfare benefits.
He highlighted the plight of individuals in the informal/unregistered economy facing poverty due to limited access to banking incentives, proposing a restructuring of the tax system to provide incentives rather than relying solely on punitive measures.
