The National Accountability Bureau abbreviated NAB is an autonomous and constitutionally established federal institution responsible to build efforts against corruption and prepare critical national economic intelligence assessments against economic terrorism to the Government of Pakistan. A chairman heads it. Pakistan’s parliamentary committee that monitors corruption cases has criticized The National Accountability Bureau for its unwillingness to prosecute former Army officers involved in corruption scandals.
The NAB is empowered to undertake any necessary prevention and awareness, in all means, in addition to enforce its operations against the economic terrorism and financial crimes. It was established on 16 November 1999 and its sphere of operation has been expanded and extended since. The constitution grants to launch investigations, conduct inquiries, and issues arrests warrants against the individuals suspected in the financial mismanagement, terrorism, corruptions (all in private-sector, state-sector, defense sector, and corporate-sector), and directs cases to accountability courts.
Established by Ordinance No. XIX in 1999, its powers has been extended to conduct inquiry at higher level by the Article 270AA of the Constitution of Pakistan. With its chief headquarters located in Islamabad, it has four regional offices in the four provinces of the country as well as four capital territories of the country.
“ Is to work to eliminate corruption through a comprehensive approach encompassing prevention, awareness, monitoring and combating. ”
NAB Ordinance NO.XVIII Of 1999.
At apnawakeel.com our respective attorneys are fully trained to handle all kinds of NAB references and other related issues.