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NAB refunds Rs 81.14 million to 175 affectees

Islamabad: National Accountability Bureau (NAB) Rawalpindi has distributed a sum of Rs. 81.14 Million among 175 affectees in nine cases .

Ceremony was held at NAB Headquarter in which Justice Javaid Iqbal, Chairman NAB was Chief Guest on this occasion and handed over cheques to the affectees and concerned government departments.
In the case of Businessman Mutual Housing Society, an amount of Rs 3.698 Millions was paid to 110 affectees of said housing society.
In another case against Management of Pakistan Medical Cooperative Housing society an amount of Rs. 24.647 million was paid to the society.
In the case of NFML, NAB recovered Rs 129.637 Million through VR from accused persons who were involved in misappropriation of Urea. Today, an amount of Rs 3.337 Million is being refunded to NFML.
In case against State Vs Muhammad Ali, Accused has misappropriated an amount of Rs. 1.558 Million on account of 110 bogus TA/DA claims of Army officers. NAB recovered said amount and the same was refunded to Commandant Admin Comd, A&M GHQ. In case of inquiry against Ayaz Builders and others (Parliamentarian’ Enclave Housing Scheme), Islamabad.
NAB was refunding Rs. 0.7 Millions amongst four affectees of said housing society .In case against Inquiry Against Mubasher Iqbal, Chief Executive, Tele Town (Pvt) Ltd, Islamabad And Others. NAB recovered the Rs.9.66 Million and the same was refunded amongst 42 affectees. In case of “AL-RAFIA HOMES,NAB is refunding Rs. 1.247Million amongst 12 affectees .In case of state Vs Zahid Ejaz Sheikh EX Assistant Manager Overseas Employment Cooperation (OEC),NAB recovered the Rs. 648, 846 and the same was refunded to OEC.In case of Al-Hamra (Pvt) Ltd and Management of Eden Builders (Pvt) Ltd,

NAB has successfully pursued to realize the recovery of Rs.1832.168 Million from the present management of Al-Hamra (Pvt) Ltd. Today in fourth phase, NAB is refunding Rs 35.2 Million to Shaheen Foundation.

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