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NAB Ordinance changed third time, money laundering powers returned

President Dr Arif Alvi has once again promulgated the National Accountability (Amendment) Ordinance, 2021, which reverts to NAB powers to prosecute money laundering cases and public fraud. The law will now be called the National Accountability (Third Amendment) Ordinance. The changes to the law come less than a month after the president signed an earlier version, called the amended NAB Ordinance of October 8, 2021. This was the second change to the law, which removed from NAB s jurisdiction the ability to go after cases of money laundering and fraud. With the third amendment, which will be effective from October 6, NAB can go back to pursuing money laundering cases. This affec.

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