Deputy Chairman NAB to head Commission of Inquiry
- PTI Government forms an inquiry commission to probe the debt money.
- The commission will submit its interim progress every month.
- Deputy Chairman NAB Hussain Asghar will be heading the said Commission of Inquiry.
- Commission will probe whether the terms and conditions of any public contract were tainted or artificially inflated.
Finally, the incumbent government put forth its policy to probe the corruption and financial irregularities done in the past decade by previous governments. Anti-corruption drive was the main agenda of Pakistan Tehreek-i-Insaf and Imran Khan has repeatedly reaffirmed his resolve to eliminate the corruption.
Commission of Inquiry
PTI Government has formed an inquiry commission to probe the debt money that the country’s successive governments borrowed over the last ten years. The commission will submit its interim progress every month.
However, the commission will have six months for the submission of its final report and this time period can be extended with the prior permission of the premier. Deputy Chairman NAB Hussain Asghar will be heading the said Commission of Inquiry. The commission can further engage anyone public or private sector to get assistance in the inquiry procedures.
Commission of Inquiry under Section-3 of Pakistan Commission of inquiry act, 2017 formed to probe rise in debts. pic.twitter.com/GfzhxaPAj9
— Govt of Pakistan (@pid_gov) June 22, 2019
Terms of Reference of Commission of Inquiry
- To determine the significance of major infrastructure or public sector development projects conducted between 2008 and 2018.
- To investigate the implementation of any contract to probe whether any debt was taken for that particular project and expended henceforth for the same project.
- Commission will probe whether the terms and conditions of any public contract were tainted or benevolent or artificially inflated for kickbacks.
- The inquiry will also be conducted to ascertain whether public office holders or their spouses, children or any person connected to them expended any public funds for personal gains.
- The inquiry will be carried out to check that the Debt Limitation Act, 2005 (hereafter: the 2005 Act) has been violated or not. If so then reasons and justifications for doing so shall also be investigated.
- To determine amendments, if any, in the Fiscal Responsibility and Debt Limitation Act, 2005 were in accordance with Article 166 (Borrowing by Federal Government of the Constitution).
- Forensic and special audits shall also be conducted through any reputed international or local auditor or set of auditors to determine the real cost and trail of the expenditures of the Federal Government from February 2008 to September 2018.
- If the commission finds any illegality or irregularity then it will refer to the relevant agency.
Representatives of the commission
The commission comprises the representatives from different agencies and departments of the government including NAB, FIA, Intelligence Bureau, Security, and Exchange Commission of Pakistan, ISI, Military Intelligence and Finance Department. Mr. Hussain Asghar – retired PSP official will lead the probe commission.
The government will allocate an appropriate budget for the inquiry commission that the commission will utilize in the discharge of its duties.