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ISLAMABAD: Chairman NAB Admiral (retd) Fasih Bukhari said on Saturday that joint investigating team, comprising of FIA and police, been formed to probe into Arsalan Iftikhar case, Geo News reported. Talking to media, Chairman NAB said DG financial crimes will head the JIT formed in Arsalan Iftikhar case. Fasih Bukhari said that corruption is the main issue prevalent in the country, adding that our society is as corrupt as the legal system. More than Rs. 6 to Rs. 8 billions corruption occurs in a day in the country, he regretted. He said informed that NAB has recovered Rs. 235 billion till now.

Images of the capsule landing in Inner Mongolia at 10:05 local time (02:05 GMT) were shown live on television.
The astronauts, including China's first woman in space, carried out a successful manual docking with the Tiangong-1 laboratory module.
The mission is a key step towards China's goal of building a space station by 2020.
Premier Wen Jiabao hailed the mission as a "complete success".
"It feels so good to stand on Earth, and it feels even better to be home," astronaut Liu Wang was quoted by national broadcaster CCTV as saying.
"Tiangong-1, our home in space, was comfortable and pleasant. We're very proud of our nation," female astronaut Liu Yang said.
Manual docking The crew of the Shenzhou-9 craft successfully carried out the country's manual docking manoeuvre earlier in the week.
The delicate procedure, which involved bringing together two orbiting vessels travelling at thousands of miles an hour, was mastered by the USSR and US space teams in the 1960s.
The crew also carried out automatic docking of the two crafts during their mission.
The three astronauts returned to the Shenzhou-9 spacecraft on Thursday and performed a manual separation from the space laboratory.
They touched down in Inner Mongolia's Siziwang county, with the capsule deploying a parachute to slow its approach.
All the astronauts were in good health, state-run news agency Xinhua reported. They were shown on CCTV leaving the capsule carried on chairs, smiling as they waved to supporters.
The crew included Jing Haipeng, 45, the mission commander and a veteran astronaut, Liu Yang, 33, and Liu Wang, 43, who performed the manual docking.
Ms Liu, 33, is a major in China's air force from the central province of Henan. On China's Tencent QQ messaging service, she goes by the name "little Flying Knight".
She was recruited into China's space programme only two years ago, but she excelled, the official news agency Xinhua says.
The Shenzhou-9 spacecraft was launched on 16 June.

The office of celebrity divorce lawyer Jonathan Wolfe confirmed the divorce. "This is a personal and private matter," he said in a statement.
They have a six-year-old daughter, Suri, and Cruise, 49, has two children from his marriage to Nicole Kidman.
Cruise married Holmes, 33, his third wife, in an Italian castle in November 2006.
A spokesman for Cruise told the BBC: "Kate has filed for divorce and Tom is deeply saddened and is concentrating on his three children. Please allow them their privacy."
TMZ News has reported that Holmes filed divorce papers in New York on Thursday, citing irreconcilable differences, and that she is seeking sole custody of their daughter.
Scientology wedding
The divorce brings to an end a relationship that began with very public declarations of affection.
"I can't be cool. I can't be laid-back. Something happened and I want to celebrate it," Cruise said in his appearance on the show.
Cruise proposed to Holmes at the Eiffel Tower in Paris and the couple were married by a Church of Scientology minister.
The couple, who have not been seen together since February, are estimated to be worth about $275m (£175m) combined.
Tom Cruise is among Hollywood's highest-paid actors and has starred in blockbusters such as Top Gun, Jerry Maguire and the Mission Impossible series.
Earlier this week he was reported to be in Iceland shooting an upcoming film called Oblivion. He also starred in the recently released Rock Of Ages.
Katie Holmes rose to fame as a leading actress on US television drama Dawson's Creek. She has also appeared in Batman Begins and Don't Be Afraid Of The Dark.

US District Judge Lucy Koh said Apple "has shown a likelihood of establishing both infringement and validity".
Earlier this week, she barred sales of Samsung's Galaxy Tab 10.1 tablet in the US until the case was resolved.
However, she said that Apple would have to post bonds of nearly $100m (£64m) to enforce the rare pre-trial injunctions.
The bonds serve to secure payment of damages sustained by Samsung should it win the cases.
Samsung, the South Korean electronics giant, said it was "disappointed" by Friday's decision.
"We will take all available measures, including legal action, to ensure the Galaxy Nexus remains available to consumers," it said in a statement.
California-based Apple and Samsung are involved in a variety of legal cases in various countries across the globe amid claims and counter claims of patent infringement.
While Apple had accused Samsung of "blatant copying" of its design and look, the South Korean firm has alleged that Apple infringed its patents relating to the way phones and tablet PCs connect to the internet.
Apple and Samsung are two of the biggest manufacturers of tablet PCs and smartphones in the world.
Sales of the iPad more than doubled to 15.43m for the three months to 31 December 2011.
And in the first quarter of 2012 it sold 13.6m, giving it about 63% of the global tablet market, according to research firm Display Search.
Samsung sold 1.6m tablets over the same period, giving it a 7.5% share.
The success of Apple's iPhone and iPad has seen the firm recently become the world's most valuable company.
Meanwhile, Samsung has enjoyed considerable success in the sectors with its Galaxy range of products.
The demand for tablet PCs and smartphones is likely to grow even further in the near term.
Analysts said that given the growth potential, the two firms were using every possible tactic to ensure that they capture a bigger share of the market.

Mr Mursi, the Muslim Brotherhood's candidate, will read the oath before the Supreme Constitutional Court.
He will then speak at Cairo University, before going to an army base for the handover from military rule.
On Friday, he praised crowds in Tahrir Square, the focal point of protests that ousted Hosni Mubarak last year.
The military stripped the presidency of many of its powers in recent weeks.
However, Mr Mursi told supporters: "I promise you that I will not give up on any of the powers given to the president."
He promised to be a president for all Egyptians, saying: "The revolution must continue until all its objectives are met."
Mr Mursi said Egypt under him would be a civil nationalist state, without mentioning his party's goal of Islamic rule.
At every stage Mr Mursi has moved to reassure those nervous about the Muslim Brotherhood, both at home and abroad, says the BBC's Jon Leyne in Cairo.
It is a mixture of populism and pragmatism that he is going to need for the battles ahead, our correspondent adds.
'Fear nobody' Mr Mursi is due to be sworn in on Saturday at 11:00 local time (09:00 GMT)
Spokesmen for the Muslim Brotherhood had previously said Mr Mursi would take his oath before parliament, which was dissolved by the Scaf last week.
On Friday, Mr Mursi also pledged to work for the release of civilians detained by the military, and to seek justice for those killed and injured in last year's uprising.
He also said he would work to free militant Islamist Omar Abdel-Rahman, imprisoned in the US over the bombing of the World Trade Center in New York in 1993.
At one point Mr Mursi opened his jacket to show the crowd he was not wearing a bulletproof vest, saying: "I am reassured, thanks be to God and to you. I fear nobody but God."
Mr Mursi also promised to take steps to develop Egypt's struggling economy and to conduct foreign affairs with "dignity".
Handling relations with the Scaf is likely to be a key test for Mr Mursi as he begins his term of office.
The Scaf had previously said it would hand over power to Mr Mursi by the end of the month.
However, Scaf member Major-General Mohamed al-Assar told Egyptian media earlier this week that the head of Scaf, Field-Marshal Hussein Tantawi, would remain as defence minister under Mr Mursi.
Also on Friday, Mr Mursi performed prayers at Cairo's al-Azhar mosque, one of the most prominent seats of learning in Sunni Islam.
He has sought to allay fears among some secular and Coptic Christian Egyptians that he will use his presidency to impose Islamic law.
Mr Mursi's campaign has said he plans to appoint a woman and a Coptic Christian as his vice-presidents.

Earlier, Russia said there was a "very good chance" of finding common ground.
But a US official said areas of "difficulty and difference" remained with Moscow, which sees Syria as its closest ally in the Middle East.
Some 15,800 people have died in the 16-month anti-government uprising in Syria, rights groups say.
Violence has continued, despite a nominal ceasefire brokered by Mr Annan.
More than 180 people were killed on Friday, rights groups said, after Syrian forces shelled a suburb of the capital Damascus and the restive central city of Homs.
One Syrian human rights group said about 4,700 of the 15,800 killed since the uprising began had died since mid-April, when the ceasefire was supposed to enter into force.
Assad's role "It's been always been our view, of course, that a stable future for Syria, a real political process, means [President Bashar al-] Assad leaving power."
Russia has been hostile to any solution that would see Mr Assad forced out.
Meanwhile, Mr Assad said he would not accept any solution to his country's crisis imposed from outside.
He told Iranian television that it was an "internal issue" which had "nothing to do with foreign countries", stressing that no amount of foreign pressure would make his government change its policy on internal security.
Western powers, Russia, Turkey and Arab countries including Qatar are taking part in the Geneva meeting.
Saturday's conference in Geneva was called by Mr Annan, as the violence intensified in Syria.
Russian Foreign Minister Sergei Lavrov and US Secretary of State Hillary Clinton met in St Petersburg on Friday in an effort to agree a consensus formula to end the bloodshed.
After leaving the talks with Mrs Clinton, Mr Lavrov said: "We have a very good chance to find common ground at the conference in Geneva tomorrow [Saturday].
"I felt a change in Hillary Clinton's position. There were not ultimatums. Not a word was said that the document we will discuss in Geneva is untouchable."
But a US state department official later told reporters: "There are still areas of difficulty and difference."
Mr Annan wants support for an interim government that could include opposition members and officials serving under Mr Assad, but exclude those "whose continued presence and participation would undermine the credibility of the transition and jeopardise stability and reconciliation", his spokesman said.
Diplomats said this was an implicit reference to the Syrian president.

Thousands had gathered to protest against decrees issued by Egypt's military rulers.
Mr Mursi swore a symbolic oath before the crowd, telling them they were "the source of all authority".
Mr Mursi, Egypt's first freely-elected civilian president, will officially be sworn in on Saturday.
He promised to be a "president for all Egyptians", adding: "The revolution must continue until all its objectives are met."
He added: "I promise you that I will not give up on any of the powers given to the president" - a veiled reference to recent decrees by the ruling Supreme Council of the Armed Forces (Scaf).
'Dignity' He also pledged to work for the release of civilians detained by the military, and to seek justice for those killed and injured in last year's uprising.
He also said he would work to free militant Islamist Omar Abdel-Rahman, imprisoned in the US over the bombing of the World Trade Center in New York in 1993.
At one point Mr Mursi opened his jacket to show the crowd he was not wearing a bulletproof vest, saying: "I am reassured, thanks be to God and to you. I fear nobody but God."
Mr Mursi also promised to take steps to develop Egypt's struggling economy and to conduct foreign affairs with "dignity".
Mr Mursi is due to be sworn in on Saturday at 11:00 local time (09:00 GMT) before the country's Supreme Constitutional Court.
Spokesmen for the Islamist Muslim Brotherhood, to which Mr Mursi belongs, had previously said he would take his oath before parliament, which was dissolved by the Scaf last week.
The assembly, elected last November, was dominated by the Muslim Brotherhood-backed Freedom and Justice Party (FJP) and other Islamists.
The Scaf also issued a declaration giving itself sweeping legislative powers and control over defence policy, and announcing the appointment of a panel to write a new constitution.
Another controversial decision by the Scaf to give military police powers of arrest was suspended by a court earlier this week.
Strained relations Handling relations with the Scaf is likely to be a key test for Mr Mursi as he begins his term of office.
"I'm here to tell the military council that we, the people, elected parliament so it is only us, the people, who can dissolve it," Intissar al-Sakka, a protestor from the FJP, told the Reuters news agency.
The Scaf had previously said it would hand over power to Mr Mursi by the end of the month.
However, Scaf member Major-General Mohamed al-Assar told Egyptian media earlier this week that the head of Scaf, Field-Marshal Hussein Tantawi, would remain as defence minister under Mr Mursi.
Earlier, Mr Mursi performed Friday prayers at Cairo's al-Azhar mosque, one of the most prominent seats of learning in Sunni Islam.
He has sought to allay fears among some secular and Coptic Christian Egyptians that he will use his presidency to impose Islamic law.
Mr Mursi's campaign has said he plans to appoint a woman and a Coptic Christian as his vice-presidents.

"I think we found a good compromise," she said after all-night talks which saw her come under heavy pressure from Italy and Spain.
A new supervisory body will enable the European Central Bank (ECB) to "keep a very close eye on the banks", she said.
Spain is awaiting a 100bn-euro (£80bn; $125bn) recapitalisation of its troubled banks by the eurozone.
Mrs Merkel said the deal on lending would provide sufficient safeguards for the taxpayers' money used by the EU bailout funds.
The funds will not only be able to lend directly to banks. They will also be used to buy bonds of countries like Italy and Spain whose borrowing costs have soared - with the intention that those countries will not have to apply for a formal Greek-style bailout.
Eurozone leaders agreed to begin implementing the decisions by 9 July. However, it could take until the end of the year before the new money becomes available.
Germany, the biggest economic power in the eurozone, is reluctant to continue bailing out debt-laden countries. Its position is supported by the Netherlands, Austria and Finland.
Breaking 'vicious circle' Announcing the deal, EU Council President Herman Van Rompuy said it would break the "vicious circle" between banks and national governments.
The euro surged against other currencies while European stock markets also rose sharply.
During Friday afternoon trading, the main German and French market were up 3.5%, while in London the FTSE 100 rose 1.8%.
US markets also rose significantly on opening. The Dow Jones industrial average was up 1.5% in early trading.
The BBC's Andrew Walker, in Brussels, says the new loans will not be given "seniority" over private sector loans.
This means that if Spain were to default, those official lenders would not get preferential treatment. The move should make Spanish government debt a little more attractive to private investors, our correspondent says.
Growth stimulus The growth package, including a funding boost for the European Investment Bank, was later agreed.
The leaders also approved a roadmap for building a more integrated eurozone - what should eventually become a fiscal union. It includes controversial plans for "eurobonds" - mutualisation of eurozone debt.
Mrs Merkel has resisted the idea of pooling eurozone debt. On Friday she said "details about liability will have to be discussed by the finance ministers and those negotiations will be anything but easy".
The deal came about after new French President Francois Hollande appeared to throw his weight behind Italy and Spain.

Continue reading the main story Barclays was fined £290m ($450m) after an investigation into claims that several banks manipulated the Libor rate at which they lend to each other.
The comments came as former Barclays boss Martin Taylor said the bank has engaged in "systematic dishonesty".
Barclays has said its actions "fell well short of standards".
Other banks are still being investigated by UK and US regulators about their role in the affair.
Mr Cameron, speaking during a visit to Todmorden, West Yorkshire, said: "I think the whole management team have got some serious questions to answer. Let them answer those questions first.
"Who was responsible? Who was going to take responsibility? How are they being held accountable?"
Labour party leader, Ed Miliband, said: "This cannot be about a slap on the wrist."
"The people that have done the wrong thing in this case should face the full force of the law... including criminal prosecutions."
Regulators say that Barclays manipulated interest rates at which banks loan to each other to benefit their traders and financial status.
Mr Taylor said that Barclays' deception looks like a deliberate strategy as it had been going on for years.
Tracey McDermott, director of enforcement at the FSA, which imposed fines alongside the US financial regulator, told the BBC: "We have a number of investigations that are ongoing.
"Obviously we need to look at each case on its own particular facts but the initial indications are that Barclays was not the only firm that was involved in this."
The US Department of Justice also said criminal investigations into "other financial institutions and individuals" were ongoing.
Other big names believed to be under investigation include Citigroup, JP Morgan, Deutsche Bank, HSBC and Royal Bank of Scotland.
The scandal is putting pressure on Mr Diamond.
Mr Taylor, who was chief executive of Barclays from 1994 to 1998, said: "It's hard to believe that a policy which seems to be so systematic was not known by people at or very near the top of the bank."
Former City minister Lord Myners told the BBC that the people at the top should take responsibility.
The Liberal Democrat peer, Lord Oakeshott, said that if Mr Diamond had any shame, he would resign.
Barclays has said its actions "fell well short of standards".
In response, chief executive Bob Diamond and three other top executives at the bank are to give up their bonuses this year.
Investigators say that Barclays' traders lied to make the bank look more secure during the financial crisis and, sometimes - working with traders at other banks - to make a profit.
Mortgage deals These are two of the most important interest rates in the global financial markets and directly influence the value of trillions of dollars of financial deals between banks and other institutions.
They can also affect lending rates to the public, for instance with some mortgage deals.
It is not yet clear whether Barclays staff actually succeeded in manipulating the interest rates to the bank's advantage and therefore whether it had any impact on borrowers.
While the FSA said only that the Barclays employees had attempted to do so, the US Department of Justice said that on some occasions they did affect the Libor and Euribor rates.
Former City minister Lord Myners told the BBC that the people at the top should take responsibility for "a complete cultural failure".
He said the behaviour of Barclays staff was the worst he had seen.
"This is the most corrosive failure of moral behaviour I have seen in a major UK financial institution in my career," he said.
"I think fines and public criticism will not stop these behaviours. These behaviours will not stop until the people perpetrating it or responsible for overseeing them face the prospect of criminal charges and the prospect of going to jail."
"If Barclays' board had an inch of backbone between them they would sack him," he said.
Andrew Tyrie, chairman of the Commons treasury committee, said it would summon Mr Diamond to account for what had happened.
"Banks were clearly acting in concert. I fear it's not going to be the end of the story, that we are going to find that other banks have been involved," he said.
'Accepted culture' The fine imposed on Barclays is part of an international investigation into the setting of interbank rates between 2005 and 2009.
Each day the British Bankers' Association (BBA) and the European Banking Association publish the the Libor and Euribor rates by taking an average of the estimated rates submitted to them by leading banks.
Between 2005 and 2008, the Barclays staff who submitted estimates of their own interbank lending rates were frequently lobbied by its derivatives traders to put in figures which would benefit their trading positions, in order to produce a profit for the bank.
And between 2007 and 2009, during the height of the banking crisis, the staff put in artificially low figures, to avoid the suspicion that Barclays was under financial stress and thus having to borrow at noticeably higher rates than its competitors.
The FSA pointed out that Barclays traders were quite open about their routine attempts to lobby their colleagues who submitted the bank's estimate of its borrowing costs to the BBA.
"Requests to Barclays' submitters were made verbally and a large amount of email and instant message evidence consisting of derivatives traders' requests also exists," the FSA said.
In one instance, a trader recounted a conversation in which he had "begged" the submitter to put in a lower Libor figure.
"I'm like, dude, you're killing us," he said. His manager replied, "just tell him to... put it low".
In turn, the staff submitting the data would respond to the traders' requests.
"For you…anything," said one. "Done… for you big boy," said another.
And: "I owe you big time... I'm opening a bottle of Bollinger."

The number of people killed has risen to 110, with more bodies found overnight, but officials say there are no new reports of people missing.
Rain has stopped but many parts of Chittagong city remain deluged. Flights to and from the city have resumed.
Thousands of people remain displaced, with many marooned on higher ground.
Relief workers are distributing rice and water to them.
The BBC's Anbarasan Ethirajan says that with flood water receding in Chittagong and other parts of the south-east - including the Cox's Bazar and Bandarban areas - there have been renewed calls to stop indiscriminate logging in the hill areas to prevent future landslides.
Officials are keeping a watch on the Karnaphuli river in the city of Chittagong which is swollen with flood water.
On Wednesday officials said that Bangladesh had experienced its worst monsoon rainfall in years in the region around Chittagong, the second largest city in Bangladesh.
The rain caused mud banks to collapse, burying tin-roofed houses and blocking roads.
Those killed were drowned in flash floods, hit by landslides, struck by lightning or buried by wall collapses, reports say.
Many homeless people live at the foot of the hills or close to them despite warnings from the authorities about the danger of landslides.
Chittagong port received 40cm (15.75in) of rain in a single 12-hour period on Tuesday, one of heaviest days of rainfall over the last five years.
Volunteers using loudspeakers warned people about the danger of heavy rainfall and landslides in Cox's Bazar, officials say, but local people and rescuers were still left helpless when floodwater suddenly inundated dozens of villages and severely disrupted communications.
Security forces were deployed to help the search and rescue effort.
Chittagong has been hit repeatedly by monsoon rain and landslides in recent years. As a result, the government has tried to tighten rules on where development can take place, but with little success.

On the summit's eve, German Chancellor Angela Merkel held two hours of talks with the French President Francois Hollande in Paris.
The two remain at odds on how to move forward, with Germany opposed to pooling debt while France insists the eurozone needs further integration.
Mrs Merkel has warned there is no "magic formula" to solve the crisis.
"Because I know the expectations and hopes that are pinned on this summit, I will repeat right at the start what cannot be said often enough," Mrs Merkel said in Berlin before the Paris talks.
"There is no quick solution and no simple solution. There is no one magic formula... with which the government debt crisis can be overcome in one go."
Mrs Merkel left for Brussels without making further statements after her meeting with Mr Hollande but said that "progress" for a pact for growth had been made and she hoped European leaders would adopt a 130bn-euro ($162bn) stimulus package.
European authorities have unveiled proposals such as the creation of a European treasury, which would have powers over national budgets.
The 10-year plan is designed to strengthen the eurozone and prevent future crises, but critics say it will not address current debt problems.
Spanish Prime Minister Mariano Rajoy said on Wednesday that his country could not afford to finance itself for long at current bond rates.
Spanish 10-year government bonds have been trading at yields above 6.8%, coming close to the 7% considered unaffordable.
'Vicious circle' But Mrs Merkel told parliament that eurobonds were "the wrong way" and "counter-productive", adding: "We are working to breach the vicious circle of piling up debt and breaking [EU] rules."
She said to loud applause: "It is imperative that we don't promise things that we cannot deliver. Joint liability can only happen when sufficient controls are in place."
Stronger competitiveness was the condition for sustained growth, the chancellor said.
Mr Hollande believes eurobonds should be a eurozone priority for helping countries like Italy and Spain bring their borrowing costs down.
But Mrs Merkel continues to insist that before anything is done to increase the burden on German taxpayers, building blocks towards greater fiscal, banking and, eventually, political union must be put in place.
The BBC's economic correspondent Andrew Walker, in London, says that there is certainly a chance that the summit will take a small step on a path that would partly deal with the fundamental weaknesses in the Eurozone.
But, in the absence of major short-term action, he explains, borrowing costs for countries such as Spain and Italy are likely to remain painfully high, making the eurozone's financial situation strained for a long time to come.

Istanbul, Turkey (CNN) -- The downing of a Turkish jet over the Mediterranean last Friday by a Syrian missile took Turkish-Syrian tensions to a new level. Though the Turkish government did not declare war as some expected, and others feared, it did declare Syria a "clear and present danger" and raised its rules of engagement to an alert level.

(CNN) -- The West is understandably nervous about the election of Mohamed Morsi. The president-elect of Egypt is taking charge of a febrile situation. The economy is contracting and human rights abuses are rampant -- attacks on Coptic churches by Islamic groups have forced an estimated 100,000 Christians to flee the country.