BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)

LAHORE: Chairman National Accountability Bureau (NAB) Lt Gen Nazir Ahmed (R) on Thursday distributed Rs186.188 million among 136 affectees of the Suzuki Sialkot Motors case.

A special cheque distribution ceremony was held at NAB Lahore where Director General NAB Lahore Mirza Faran Baig was also present. The case involved allegations of cheating the public at large.

According to NAB officials, the recovered amount was obtained through the plea bargain mechanism. At present, 50 percent of the recovered amount has been disbursed to verified claimants, while the remaining amount will be released after completion of procedural formalities. Addressing the ceremony, the NAB chairman said the bureau was committed to the swift recovery and transparent disbursement of funds to victims of financial crimes. He directed concerned officers to expedite recovery and disbursement processes in all cases related to public fraud.

The chairman also sought progress reports on ongoing investigations and stressed the need to identify issues faced by affectees to ensure timely restitution.

DG NAB Lahore Mirza Faran Baig said that during 2025, the NAB Lahore received more than 6,000 complaints, of which 98 percent were resolved. He added that around 21,000 affectees had so far received relief, reflecting NAB Lahore’s recovery and enforcement efforts.

He reiterated NAB Lahore’s zero-tolerance policy against those involved in defrauding the public and said the bureau would continue to focus on transparency, efficiency and public facilitation.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.