Deputy Prosecutor General Accountability (DPGA) NAB Lahore Khaleeq-uz-Zaman Monday gave away Rs 3.783 million cheque to Muhammad Asghar, president of the State Life Insurance Corporation (SLIC) Cooperative Housing Society.
According to NAB spokesman, NAB Lahore has been probing the SLIC Cooperative Housing Society corruption case in which land measuring 5,000-kanal was sold and purchased at exorbitant rates through alleged connivance of Society’s former officials and area Patwaris. The deal caused a loss of Rs 130 million to Society, whereas NAB Lahore got arrested numerous accused involved in the scam and recovery of complete looted money is under way. He said Rs 120 million has been returned to the Society administration so far, after recovery from the corrupt elements.
The DPGA NAB Lahore said on the occasion that NAB Prosecution Wing is the backbone of the Bureau, which consisted of highly professional and hardworking prosecutors.
NAB Lahore has so far recovered Rs 477.375 million from culprits in different corruption cases, being investigated by the Bureau, and returned to the departments concerned.