“Loans Canceled by NAB Act Amendment”



PTI leader Babar Awan on Saturday lambasted the PML-N-led government, saying loans worth billions of rupees had been canceled through six amendments to the NAB Act.

Addressing a press conference at the Khyber-Pakhtunkhwa house in Islamabad, the PTI chief said accountability was not being held at all levels as 95 cases were settled.

“The cases that were settled did not involve any patwari or clerk, but big criminals,” he said.

“Rs 2.4 trillion has been canceled through NRO-2,” he added.

Awan argued that the NAB amendment would be applicable from January 1, 1985, adding that all offenses prior to that time had been removed.

He noted that under the NAB Amendment, the property of the defendant’s family members would not be considered his own.

“By this amendment [in the NAB law] a person can commit acts of corruption and open an account in the name of family members [and deposit the money in it].”

He said the country’s economy was collapsing and countries were now hesitant to give loans to Pakistan.

To Prime Minister Shehbaz Sharif’s claims that 20 billion rupees had been disbursed among flood victims, Awan said the government should give details of the money spent.


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