SC questions NAB’s role as recovery officer of private banks
Hearing the NAB’s private bank recovery case, where the bureau had sought cancellation of bail for one Mohommad Tariq, the CJP remarked that the accountability bureau does not catch defaulters responsible for corruption worth billions of rupees and considers running after defaulters of private banks such as Tariq to be an achievement.
The Chief Justice questioned if the National Accountability Bureau had become the recovery officer of private banks.
The SC observed that according to the NAB Ordinance Section 51-D, the bureau needs the approval of the SBP Governor if it was not sought then a case can be framed against the bureau.
The Supreme Court issued a notice to the NAB Chairman to appear and has also sought details of where NAB has been utilizing its resources, at the next date of hearing.
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