LAHORE – A two-year performance report of the National AccountabilityBureau (NAB) on Friday has been released which stated that the NABinitiated proceedings against the 62 alleged illegal housing societiesalong with recovering Rs2.80 billion and made various achievements.
Report stated that NAB Lahore under the chairmanship of Justice (retd)Javed Iqbal took historical measures and launched proceedings against 62alleged illegal housing societies cases in two years.
According to the report, matters of 40 housing societies have beencompleted in a timely manner. According to NAB Lahore, 22 cases of allegedillegal housing societies are under trial whereas three billion worth ofagreements were made with the accused in housing sector.
It further read that Director General NAB Lahore Major (R) Shahzad Saleem‘steam took strong action against corrupt elements and played a vital role instrengthening the organization.
Report stated that Rs2.8 bn were successfully recovered whereas an indirectrecovery of Rs25 bn was also made possible while 24,300 victims werereturned their looted funds, plots and houses.
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According to the report, from October 2017 to July 2019, NAB Lahore tookaction against seven illegal housing societies whereas twenty four billionworth of references were filed in the Accountability Court.
Chairman NAB emphasized on the complaints of the victims right afterassuming the chairmanship.
