Rs55bn recovered from defaulters

Published April 16, 2002

SANGHAR, April 15: The National Accountability Bureau has so far recovered Rs2.5 billions from corrupt people and Rs55 billion from the defaulters of bank loans.

This was said by NAB chairman Lt Gen Muneer Hafeez while talking to journalists in village Sultanabad near Shahdadpur on Monday after inaugurating a girls primary school there.

The school will be run by the Zindagi Trust, of which Lt Gen Hafeez is patron-in-chief and Shahzad Roy, a renowned vocalist, president.

Lt Gen Hafeez said that they had established an example by recovering fine amounts as well.

He disclosed that so far the NAB had succeeded in getting about 85 per cent accused convicted.

He explained that it was difficult to bring the money back which had been deposited in foreign countries.

He cited the example of 50 million dollars of Benazir Bhutto kept in Switzerland which were frozen by the Swiss government which defroze them as the NAB could not comply with the strict Swiss laws.

When asked about the money spent by district Nazims on the president’s public meetings to seek masses’ support for the referendum, the NAB chief refused to reply and said that it should be asked from the president.

Interrupting him, Sanghar District Nazim Roshan Din Junejo said that they were not spending government funds on the arrangements of the president’s gatherings but were doing it through donations.

Speaking on the occasion, Shahzad Roy announced that a well- equipped modern mother-child hospital would be built in Sultanabad village.

The land for the school and hospital has been donated by Basheer Ahmed Memon.

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