Skip to main content

Govt set to bring key amendments to NAB law as draft ordinance readied

NAB Law Key Amendments

ISLAMABAD: The federal government is set to bring key amendments to the National Accountability Bureau (NAB) Ordinance, 1999 as a draft ordinance has been prepared for the purpose, ARY News reported.

The draft of the National Accountability (Amendment) Act, 2020 will be sent to President Dr Arif Alvi for approval.

According to the draft, the NAB chairman will no longer have the powers to authorise the arrest of an accused as relevant court will issue arrest warrants after the corruption watchdog files a reference.

It says the NAB shall not initiate action on allegations levelled in a complaint, which is anonymous or pseudonymous, which do not involve public money, and in which the amount involved is less than five hundred million rupees.

Moreover, a public office holder shall be tried by a court in a province from which he was elected and a person in the service of Pakistan or any statutory body or organization shall be tried in a province where his place of duty is or was located at the time of the commission of the offence.

The draft says the bureau will not act against an elected public representative until there is corroborative evidence that he or she has materially benefitted by gaining any monetary benefit or asset from a private person.

If public office holder or any other person, during enquiry voluntarily comes forward and offers to return the assets or gain acquired or made by him in the course, or as a consequence of any offence under this ordinance, such a person shall cease to hold public office forthwith and shall stand disqualified for a period of five years.

NAB will file only one reference, which shall be treated as the final reference, and no supplementary reference shall be filed thereafter. The bureau will not file any reference or conduct any inquiry or investigation into the past and closed transactions after lapse of 5 years from the date of the transaction.

The post Govt set to bring key amendments to NAB law as draft ordinance readied appeared first on ARY NEWS.

Comments

Popular posts from this blog

K-Electric fined Rs2 mn over weak power supply system

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday imposed a fine of Rs2 million on the K-Electric. According to a statement issued by the power regulatory authority, the K-Electric was penalized over non-compliance of performance standards, particularly its failure to restore power supply within the prescribed time frame and to ensure the safety of public in Karachi. Quoting media reports, it said large swathes of Karachi remained without electricity due to the tripping of almost 700 feeders during rainy weather in June last year, which resulted in long power blackouts ranging from 24 hours to 48 hours in almost 50% areas of Karachi. Further, there were also reports of fatal injuries to some people owing to electrocution. The Nepra took notice of the situation in Karachi and directed the K-Electric to immediately provide a detailed report on the tripping of feeders and electrocution incidents along with preventive and corrective steps taken by K-Elec...

10 creepy celebrity wax statues

Waxworks of celebrities, sports persons and politicians such as Tom Cruise, Barack Obama and Christiano Ronaldo are admired by people all over the world. The craft requires taking careful and accurate measurements to create these wax statues, which are then polished and perfected to make for an exact replica. Madame Tussaud’s is one of the most famous museums in the world that displays wax statues, however, not all wax museums in the world craft flawless statues. Compiled from Cosmopolitan India , here is a list of the creepiest celebrity wax statues. Barack Obama PHOTO: COSMOPOLITAN David and Victoria Beckham PHOTO: COSMOPOLITAN Jennifer Aniston PHOTO: COSMOPOLITAN Beyonce’s wax statue sparks outrage Jennifer Lopez PHOTO: COSMOPOLITAN Justin Bieber PHOTO: COSMOPOLITAN Justin Timberlake PHOTO: COSMOPOLITAN Aamir Khan PHOTO: COSMOPOLITAN Katrina Kaif PHOTO: COSMOPOLITAN London’s Tussauds gets to work on Trump wax figure Selena Gomez PHOTO: C...

Accountability court hears assets case against Ishaq Dar

ISLAMABAD: An accountability court in Islamabad on Wednesday resumed the hearing of a reference filed against former finance minister Ishaq Dar by the National Accountability Bureau (NAB) for allegedly accumulating assets beyond his known sources of income.  Judge Muhammad Bashir is recording the statement of a prosecution witness, Ishtiaq Ahmed. At the previous hearing, the accountability judge had reserved his verdict on an application filed by two co-accused seeking acquittal in the case. Naeem Mehmood and Mansoor Rizvi, who are directors of Dar’s companies, had filed the application requesting the judge to exonerate them from all charges for want of evidence. Qazi Misbah, the counsel for the two co-accused, contended the prosecution has failed to provide compelling evidence to prove the allegations leveled against his clients. The third co-accused President National Bank of Pakistan (NBP), Saeed Ahmed, had already filed an application before the court for his acquittal wh...