ABAD Chairman applauds NAB’s Rs.11.44b recovery
By Syed Uzair
Karachi: Chairman of the Association of Builders and Developers (ABAD), Muhammad Hassan Bakhshi, has described the National Accountability Bureau’s (NAB) recovery of Rs. 11,440 billion over the past two years and nine months as a strong example of transparent accountability in the country.
He said that NAB’s effective and continuous actions have not only enabled the recovery of looted national wealth but have also significantly boosted the confidence of investors and ordinary citizens.
The ABAD chairman stated that the return of Rs. 207 billion to victims of various housing schemes is concrete evidence of NAB’s transparent and impartial accountability process. He added that for several years, people’s hard-earned savings had been at risk in different residential projects. In such a situation, NAB’s timely interventions have provided major relief to thousands of families.
Muhammad Hassan Bakhshi further said that the large amounts of money recovered and returned to the national exchequer will not only enhance the credibility of state institutions but will also play an important role in strengthening the country’s economy.
He said that true national development is only possible when honest businesspeople are facilitated and those involved in corruption are held strictly accountable. Transparent accountability processes can help boost the economy and encourage investment.
Hassan Bakhshi expressed hope that NAB will continue to maintain the same pace and impartiality in the future as well. He said that when state institutions are strong and the accountability system is transparent, foreign investment increases—something that is essential for the country’s economic growth.
The ABAD chairman expressed confidence that NAB will continue to perform its duties with the same seriousness, speed, and impartiality to ensure that the journey of trust, transparency, and development in the country remains uninterrupted.
