As per local media, the third amendment to Pakistan's anti-graft organisation National Accountability Bureau statute would effect roughly 100 high-profile cases, including a former president, current and previous prime ministers, lawmakers, and top officials.
According to reports, the newly amended ordinance for 2021 indicates that nearly 60% of the total 8,272 ongoing references, investigations, inquiries, and complaints will either be resolved under the newly promulgated accountability law or transferred to the authorities, departments, and courts concerned under the respective laws.
At present, 332 high-profile, mega cases are under process at the NAB regional offices. They link to a former president, six former prime ministers, eight ex/sitting chief ministers, 126 former/sitting ministers/senators/MNAs/MPAs, 159 serving/retired bureaucrats and fake accounts cases.
According to NAB officials, there are 1,273 active investigations involving a total of Rs 1,300 billion in embezzlement. The National Accountability (Third Amendment) Ordinance will now be the name of the new law.
The amendments come less than a month after the president approved an earlier version of the law, known as the revised NAB Ordinance of October 8, 2021. This was the second alteration to the legislation, which took away NAB's power to investigate money laundering and fraud cases.
The third amendment, which takes effect on October 6, allows the NAB to resume its money laundering investigations. This has an impact on a number of opposition lawmakers who have been charged with false accounts and money laundering.
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