NAB Chairman distributes cheques of Rs 304.137 million among 2,009 affectees of Double Shah, Elite Town, wows to be hard on fradulants

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ISLAMABAD, Feb 08 (TNS): Chairman National Accountability Bureau (NAB) Justice (R) javed Iqabal has said that NAB is successfully keeping the promise it made to the nation four months back that to recover money of affectees of fraud Housing Societies

He was addressing a ceremony here on Thursday in which cheques of Rs 304.137 million were distributed among 2,009 affectees of Double Shah and Elite Town Housing Scheme at the NAB Lahore Bureau, he said the NAB was utilising all-out efforts to return hard-earned money to people plundered by fraudulents.

He said that NAB had taken action against corruption across the board and no one would be spared if one was involved in a corruption case. The chairman said that he put in place effective measures to ensure accountability in NAB after taking charge of his office, adding that special focus was being paid to mega corruption scams. He said that NAB was working day and night to redress grievances of people by returning their money through a transparent process.

Justice (retd) Javed Iqbal appreciated measures of NAB Lahore for recovering looted money in Doubling Scam and ordered for enhancing its efforts. “The days are gone when fraudulents plundered money of innocent people and I assure you that no one like Double Shah could dare to deprive people of their money in future,” he said and added that people should follow rules and regulations before investment. The chairman said that strict action would be taken against those housing societies which were involved in scams.

He directed the departments concerned to monitor affairs of private housing societies besides issuing no objection certificates (NOC) to them after fulfilling all legal formalities. He said that merit was strictly being ensured in NAB, adding that NAB would ensure protection of its witnesses. The departments would have to extend full cooperation to NAB as per rules and laws, he said. Earlier, addressing on the occasion, DG NAB Lahore Saleem Shehzad said that NAB had retured Rs 18 billion to 300,000 affectees during 18 years whereas NAB Lahore had so far returned Rs 400 million to people during 2018. Later, the chairman distributed cheques of Rs 304.137 million among 2,009 affectees of Elite Town Housing Scheme and Money Doubling Scam.