ISLAMABAD:

National Accountability Bureau (NAB) Chairman Lt Gen (retd) Nazir Ahmad Butt has said that the top accountability watchdog will approach parliament with a request to reduce the current Rs500 million threshold required for initiating action in corruption cases.

"NAB will ask parliament to lower this threshold, as many have started planning corruption below Rs500 million to evade prosecution," the NAB chief said on Tuesday in his first press briefing since assuming charge of the organisation in March 2023.

After the ouster of the PTI-led federal government in April 2022, the PML-N-led coalition government amended the National Accountability Ordinance (NAO) 1999, limiting NAB's jurisdiction to cases involving alleged corruption exceeding Rs500 million.

During the briefing, the

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