NAB Lahore distributes Rs 154.629m among 629 effectees

91

Salim Ahmed

National Accountability Bureau (NAB) Lahore organized a cheque distribution ceremony here in NAB office Lahore where Director General NAB Lahore Mr. Shahzad Saleem handed over cheques among 629 effectees of Elite Town Housing Scheme and Ahmed Heights Housing Project amounting to Rs 154.629 million.
This is surprisingly three times increased amount than the actual one being invested by the effectees when NAB launched Investigations into embezzlement of public money by accused Kashif Khan, CEO M/s Service Masters (Pvt) in project of Elite Town and accused Husnain Zaki, Azhar Kazmi, owners of Ahmed Heights Housing project, Jhang.
While addressing to the participants of the ceremony, DG NAB Lahore maintained that the amount recovery was made possible by holding Plea Bargain (PB) deals with the accused persons whereas, first installment of the total amount (34%) was received and has been handed over to the effectees, today. PB is an important section of Accountability Ordinance which empowers NAB to recover whole looted money from the culprits and the accused stands convicted, too.
He further said that NAB under the current leadership has, so far, recovered Rs 50 billion (approx) within 4 years span which is being returned to the concerned government / semi government, private departments and individuals.
While leaving a message to the corrupt people, he said, keeping in view Chairman’s vision NAB is tightening its noose around culprits and we are determined to make Pakistan a corruption free state. Furthermore, a day would come soon when nation along with NAB would stand shoulder to shoulder against corruption and corrupt element and the dream of ‘Clean Pakistan’ would come true with letter and spirit.