Inaugurating the 2 day "National Anti-Corruption
Strategy workshop" in Islamabad last week, President General
Musharraf lamented that billions of dollars belonging to developing
countries are lying in foreign banks because of macro corruption
resulting from the "collusion of corrupt politicians, bureaucrats
and financial elite. The amount of stolen funds in our case is so huge;
the President pointed out, that it could suffice to retire our external
debt and also to meet dire needs of development and poverty alleviation.
Workshop held at the Convention Centre which was
organized by the National Accountability Bureau (NAB) was attended by
over 300 representatives of the government, private sector, donor
agencies and foreign experts dealing with white collar crime. The NAB
ordinance 2000 is being revised to make it more practical and effective
and the workshop was a part of the same exercise. This was stated by the
spokesman of NAB while briefing reporters on the achievements of the
Workshop on National Anti-Corruption Strategy (NACS).
"More viable and practical articles are being
introduced as part of the amended NAB Ordinance", he said.
'We are trying to get rid of the legal procedural
problems by enacting the amended Ordinance and it may take some more
time to be finalized". Efforts are also being made to widen the