Advertisement
Categories: NewsPakistanPolitics

NAB Chairman Nazir Criticizes IMF Corruption Report, Highlights Record Recoveries

Advertisement

NAB Chairman Nazir Ahmad Criticizes IMF Corruption Report

National Accountability Bureau (NAB) Chairman Lieutenant General (retd) Nazir Ahmad has criticized the International Monetary Fund’s (IMF) report on corruption in Pakistan, stating it was biased and inappropriate. In an informal discussion with senior journalists, Nazir Ahmad expressed his loss of trust in the institution.

The NAB chairman said he had decided not to take the IMF report seriously, despite its praise for NAB. He added that while the report was unfair toward Pakistan, people did not trust reports issued by Transparency International either. Nazir Ahmad alleged that the IMF, World Bank, and Transparency International form a troika creating pressure against countries they dislike.

NAB officials said the bureau achieved record recoveries of Rs2.962 trillion in the first quarter of 2026, marking a 33-fold increase compared to last year. The recovery included land worth more than Rs2,950 billion and direct recoveries of Rs11.085 billion through plea bargains and fines.

Advertisement
News Desk

Recent Posts

US DOJ Releases Epstein Files Spotlighting Shakira and Prince Andrew

US Department of Justice recently released thousands of pages containing names linked to Jeffrey Epstein,…

9 minutes ago

Nestle Plans to Remove Artificial Colorings from Products by 2026 End

Nestle plans to remove artificial food colourings from all products worldwide by end of 2026.…

14 minutes ago

AI Could Dull Minds: Scientist Warns of Cognitive Downsides

Artificial intelligence (AI) could significantly enhance human cognition, potentially driving advancements in various fields. However,…

47 minutes ago

Prince Harry Predicts Epic Disaster for William as King

Prince Harry, set for UK visit next month, predicts 'epic disaster' once brother William takes…

59 minutes ago

14 Children Killed in Lahore Tuition Centre Collapse

A tuition centre in Lahore's Kahna area experienced a tragic collapse on Tuesday, resulting in…

1 hour ago

Punjab Targets 5,000 Electric Buses in Five Years

Punjab Chief Minister Maryam Nawaz announced plans to operate 5,000 electric buses in the province…

1 hour ago