1,261 Corruption References Involving Rs943 Million Pending in 25 Courts

DESPARDES — The National Accountability Bureau (NAB) currently has 1,261 corruption references involving Rs943 million pending in 25 accountability courts.

Its Executive Board on Wednesday authorized conducting two investigations and four inquiries against various personalities.

Speaking to the media during the board meeting on Wednesday, retired Justice Javed Iqbal said NAB had directly or indirectly recovered Rs153 billion in the last 26 months and deposited the money in the national kitty.

He said the anti-corruption watchdog filed 630 corruption cases in different accountability courts and recovered billions of rupees from 44 accused involved in Mudarbah/Musharakah scams.

Meanwhile, PPP co-chairperson Asif Ali Zardari on Wednesday was granted bail on medical grounds by the Islamabad High Court (IHC) in two cases filed against him by the NAB.

Zardari is being probed by the anti-corruption watchdog over allegations of money laundering and corruption.

Zardari, his sister Faryal Talpur and other accused face charges of corruption through fake bank accounts and embezzlement in the financial facility for Park Lane Private Limited and Parthenon (Pvt) Limited.

NAB alleged the national exchequer suffered a loss of Rs3.77 billion because of the irregularities.