In
terms of Section 31-D of National Accountability (Second Amendment)
Ordinance, 2000 no inquiry, investigation or proceedings in
respect of imprudent loans, defaulted loans or rescheduled
loans shall be initiated or conducted by the NAB without reference
from the Governor, State Bank of Pakistan. The banks/NBFIs
desirous of initiating any action in the aforesaid area may
forward a reference/complaints to the Director, Banking Supervision
Department, State Bank of Pakistan, Central Directorate, Karachi
alongwith all requisite details to substantiate their claim
for review and submission to the Governor, State Bank under
section 31-D of NAB Ordinance for taking approval for filing
a formal reference to NAB or otherwise.
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