NAB a business-friendly institution: chairman

ISLAMABAD: National Accountability Bureau Chairman Justice (retd) Javed Iqbal has said the bureau is a business-friendly institution which gives priority to resolving the issues of the business community.

“The NAB prefers resolving the issues of the business community and the bureau had referred the sales tax, income tax and under invoicing cases of the business community to the FBR (Federal Board of Revenue) as per law for further proceedings,” he said while presiding over a meeting at the NAB Headquarters.

The meeting decided to file early hearing pleas of 1,273 under-trial references in accountability courts as the total value of such cases is Rs 1,300 billion. The meeting was apprised that two FPCCI delegations headed by former president FPCCI Daroo Khan Achakzai and former vice president FPCCI Sheikh Sultan had met the NAB chairman at the NAB Headquarters.

The meeting was informed that the NAB has set up a committee for solving the issues of the business community. “The honest business community members should not listen to the baseless propaganda of vested interests and should utilize their energies for the progress of the country’s economy,” the meeting was told. The meeting was informed that the NAB has recovered Rs 533 billion directly or indirectly from the corrupt elements in last three years.