Rs702bn recovered by NAB through cancellation of lands in Sindh

KARACHI: The recovery of Rs3.4 billion through plea bargains has been duly approved by the accountability court. In addition to the cancellation of land, NAB Karachi has recovered more than Rs702 billion, informed Chairman of the National Accountability Bureau retired Justice Javed Iqbal.

invest with imarat

Islamabad’s emerging city centre

Learn More

One hundred more references will also be filed in the province by the end of this year, he stated at a ceremony held for the inauguration of ‘Investigation Wing-II’ of NAB located in Balochistan House, Clifton.

The recovery made by NAB has played a part in the economic growth of the country.

While speaking at the occasion Director General NAB Karachi retired Brig Farooq Naseer Awan highlighted the role of NAB, saying the recoveries made this year were five times higher than the previous year.

For news and visit, Graana.com.

Maham Tahir

Recent Posts

FBR May Seek IMF Approval to Cut FY26 Tax Target by Up to PKR 100 Billion

Islamabad: The Federal Board of Revenue (FBR) is preparing to seek approval from the International…

1 day ago

Saudi Arabia Launches “Municipalities and Housing 3.0” Under Vision 2030 Phase Three

Riyadh: As Saudi Arabia’s Vision 2030 enters its third phase for the period 2026–2030, the…

2 days ago

CDA Allocates PKR 200 Million to Clear Land Compensation in Sector C-15

Islamabad: The Capital Development Authority (CDA) has earmarked PKR 200 million to settle outstanding land…

6 days ago

Punjab Introduces Stricter Measures Against Illegal Property Occupation

Lahore: Punjab Governor Sardar Saleem Haider Khan has promulgated two key ordinances aimed at modernising…

6 days ago

FBR Uses Social Media Monitoring to Detect Undeclared Wealth and Tax Evasion

Islamabad: Pakistan’s tax authorities are intensifying efforts to detect undeclared wealth by monitoring social media…

1 week ago

SBP Signals Cautious Policy Rate Approach, Prioritises Economic Stability

Karachi: The State Bank of Pakistan (SBP) has indicated that it will maintain a cautious…

1 week ago