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OGDCL, NAB hold moot on corruption curbs economic growth

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Staff Reporter

Islamabad

Director General, National Accountability Bureau (NAB) Husnain Ahmad, has said that each individual will have to pass through process of self-accountability to curb corruption in every sphere of life. Pakistan is bestowed with abundance of resources.
Misuse of these resources, bribery and such practices are major hindrances in way of making Pakistan Corruption Free State, while addressing a seminar on “corruption curbs economic growth” jointly held by OGDCL and NAB at OGDCL Headquarters here today. Husnain Ahmed also termed increasing population one of major causes of slow economic growth. To this effect, he recalled endeavors being undertaken by the NAB for elimination of corruption through awareness campaigns and enforcement of relevant laws.
MD/CEO OGDCL Dr. Nasim Ahmad addressing on the occasion said that we have gathered here to express our resolve in making Pakistan a corruption free society by joining hands with NAB in its endeavors. Dr. Nasim Ahmad said that OGDCL is the only public sector company which is listed at the London Stock Exchange which is reflective of confidence of foreign investors in the company’s businesses and operations.
Dr. Nasim Ahmed also said that OGDCL is fully aware of its role in the anti-money laundering initiatives and as a matter of policy does not entertain bids from companies incorporated in different off shore jurisdictions known for tax evasion and money laundering He further expressed that certain initiatives have been introduced in the Company and its practices to establish that OGDCL is a natural ally of NAB in making Pakistan a fair and transparent society. MD further told that we have gathered here to discuss the theme that “Corruption erodes trust in hard work.” A society where such feelings are evident is under a serious threat unless measures are taken to re-build confidence and promote good governance.
He acknowledged that NAB is playing its role to restore confidence of the masses in the system and single out those who enrich themselves through corrupt practices or misuse of office. At the end MD/CEO OGDCL Dr. Nasim Ahmad appreciated the endeavors taken by NAB to curb corrupt practices in the society.

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