PC lauds NAB’s efforts for recovering Rs 200.25m

Staff Reporter

Privatization Commission of Pakistan (PC) on Monday lauded efforts and timely support of National Accountability Bureau (NAB) in recovering Rs.200.25 million from Trust Investment Bank Limited (TIBL).
The PC also expressed its gratitude to NAB under dynamic leadership of its Chairman, Qamar Zaman Chaudhry, who has transformed the Bureau into an organization by setting new standards in public service delivery sector.
In a letter written to Chairman NAB for its efforts in recovering Rs.200.25 million which was invested in Trust Investment Bank Limited (TIBL), the PC said “It is quite evident that action of NAB speaks louder than words.”
AS per details, NAB on complaint of PC persuaded TIBL which agreed to return Rs. 404.81 million, out of which first tranche of Rs. 200.25 million has been recovered.

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