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NAB law explainer: Anti-graft body now restricted to corruption over Rs500m

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Pakistan anti-corruption law has been further amended, on the recommendation of the national assembly’s standing committee on law and justice. After which, on Wednesday, the national assembly passed the National Accountability (Second Amendment) Act 2022.

This is the second time the law has been altered by the coalition government, since coming to power in April. Previously changes were made to the anti-corruption law in May.

It is important to mention that the PTI has challenged the changes made to the anti-graft legislation in the Supreme Court of Pakistan, which is expected to take up the case soon.

What new revisions have been made to the law that governs the National Accountability Bureau? Geo.tv lists down the changes:

  • Now an offence will fall under the NAB law only if a person commits corruption of the value of more than Rs.500 million. This means that NAB “has been fixed to take action against only mega scandals,” stated the standing committee when approving the amendments.
  • Previously, the prosecutor general’s term was non-extendable. Now the three-year-term can be extended.
  • After an investigation is completed by NAB, no supplementary reference can be filed in a case unless new evidence comes to light.
  • Earlier the NAB chairman could call “any person” or request “any document” during an inquiry. As per the revisions, now the accountability body can only summon those people and documents relevant to the inquiry or investigation.
  • Previously the chairman NAB, with approval from the court, could direct any suspicious person’s surveillance and seek the assistance of any government agency. This section has been removed.
  • Under the earlier law, banks and financial institutions were to report unusual or large transactions to the NAB. Now, the law states that the transactions should be over Rs. 2 million to be considered “unusual”.
  • At the time of the arrest, the NAB will have to inform the person of the charges against him/her, and any person called to provide information shall be informed of the allegations so the person is able file a defense.
  • Earlier the NAB law stated that if someone absconds, to avoid being served or evades punishment, he/she will be guilty of an offence with three years’ imprisonment. This has been omitted.
  • Even after a reference is filed the NAB chairman can withdraw the case if it is “unjustified”, before the charges are framed.
  • A person entering into a plea bargain or voluntary return shall not prejudice the case of another accused
  • If it comes to light that the plea bargain was a result of duress or coercion, during the inquiry, the court may recall the plea bargain
  • Earlier the amount from plea bargain and voluntary returns was to be deposited with the federal or provincial government within one month. That has been omitted.

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Honours From The Families Of The Martyrs: September 1965’s Heroes Are Recalled

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Pakistan marks the anniversary of the day the Pakistani Army defeated an enemy attack and won a major victory on September 6. On this day of defence, the families of the war martyrs from 1965 offered their opinions:

The soldiers’ actions in demolishing enemy tanks with explosives and their bravery in the dark were commended by Shaheed Sepoy Muhammad Haleem’s brother. He gave the 1965 martyrs his respects.

The significance of Defence Day is remembered for the martyrs, as stressed by Shaheed Sepoy Shahid Ahmed’s uncle. The brother of Shaheed Sepoy Aftab Hussain offered gratitude to everyone who has given their life in defence of the nation.

In addition to emphasising the value of encouraging rather than criticising the troops, Shaheed Sepoy Wazir Ahmed’s brother praised the soldiers for foiling the enemy’s schemes.

Javed Ahmed, Shaheed Lance Naik’s cousin, emphasised September 6th’s significance as a day of victory.

In addition to expressing support for the Pakistani Army today, the brother of Shaheed Havaldar Shafiq reiterated their dedication to remembering the dead of September 6, 1965.

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The Finance Minister has pledged to attract foreign investments by creating an environment that is friendly to business.

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In a recent statement, Pakistan’s Minister of Finance Muhammad Aurangzeb reaffirmed the country’s unwavering dedication to luring international investments by preserving an atmosphere that is commercially encouraging.

A group of international investors, led by Amin Mohammad Khowaja, the Chief Executive Officer of J.P. Morgan Pakistan, had visited him in Islamabad. He was speaking with them.

Muhammad Aurangzeb also provided further information regarding the ambitious structural reforms program of the government. This agenda aims to strengthen the general macroeconomic stability by widening the tax base, rightsizing the public sector, promoting privatization, and reforming the energy sector.

The Minister of Finance emphasized the great achievements that Pakistan has made in strengthening its macroeconomic indicators, such as the increase in exports by 14 percent, the decrease in inflation to 9.6 percent, which is the lowest level in 34 months, and an overall decrease in the current account deficit among Pakistan’s economic indicators.

It was also brought to his attention that Pakistan’s sovereign credit ratings had improved, which is indicative of a stable and encouraging economic future. According to him, the rigorous fiscal discipline, inflation management, and favorable balance of payments that the country has are the pillars upon which the country’s economic prosperity.

In addition to expressing confidence regarding the potential for larger investment flows into Pakistan, the delegation praised the efforts that the government has made to establish an atmosphere that is conducive to business.

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Journalists require training. Media professionals who have received training can serve as ambassadors. Tarar

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According to Information Minister Atta Ullah Tarar, journalists must possess sufficient skills in order to serve as ambassadors for the country, particularly in the digital realm, to foster unity among people. This is a pressing requirement at present.

During an event in Islamabad focused on journalist training, Atta Ullah Tarrar, the Minister responsible for combating misinformation, stated his official role.

The Information Minister emphasized the indispensability of technology for achieving prosperity, and in line with this, the Government has implemented Pakistan’s inaugural digital land registry system.

Tarar stated that we have the privilege of initiating Pakistan’s inaugural safe city project.

Regarding verification and authentication, the Information Minister lamented the lack of a method to validate information.

According to the Information Minister, terrorist organizations are utilizing social media platforms. Additionally, the minister highlighted that the country’s economy is delicate, and the dissemination of a single false news item might result in significant economic losses for the nation.

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