BR100 Increased By (0.24%)
BR30 Increased By (0.4%)
KSE100 Increased By (0.31%)
KSE30 Increased By (0.01%)
AGHA 7.47 Increased By ▲ 0.03 (0.4%)
BECO 5.33 Increased By ▲ 0.25 (4.92%)
BML 57.38 Decreased By ▼ -0.20 (-0.35%)
BOP 33.54 Increased By ▲ 0.15 (0.45%)
CNERGY 10.80 Increased By ▲ 0.19 (1.79%)
CSIL 5.99 Increased By ▲ 0.57 (10.52%)
FCCL 54.30 Increased By ▲ 0.24 (0.44%)
FFL 16.14 Increased By ▲ 0.07 (0.44%)
FNEL 1.21 Increased By ▲ 0.01 (0.83%)
KEL 7.21 Increased By ▲ 0.02 (0.28%)
KOSM 5.93 Decreased By ▼ -0.03 (-0.5%)
LOTCHEM 27.04 Decreased By ▼ -0.09 (-0.33%)
MLCF 95.17 Decreased By ▼ -0.42 (-0.44%)
NBP 200.50 Increased By ▲ 0.24 (0.12%)
NCPL 55.40 Decreased By ▼ -0.28 (-0.5%)
NPL 65.60 Decreased By ▼ -0.25 (-0.38%)
OGDC 314.21 Increased By ▲ 0.21 (0.07%)
PACE 10.55 Increased By ▲ 0.05 (0.48%)
PAEL 42.34 Increased By ▲ 0.22 (0.52%)
PIBTL 17.11 Increased By ▲ 0.10 (0.59%)
PPL 216.80 Increased By ▲ 1.65 (0.77%)
PRL 60.40 Increased By ▲ 3.77 (6.66%)
PTC 72.00 Increased By ▲ 0.62 (0.87%)
SSGC 25.33 Increased By ▲ 0.15 (0.6%)
TBL 9.69 Increased By ▲ 0.02 (0.21%)
TELE 8.26 Decreased By ▼ -0.05 (-0.6%)
TPL 20.40 Increased By ▲ 1.22 (6.36%)
TPLP 13.60 Increased By ▲ 0.87 (6.83%)
TREET 23.08 Decreased By ▼ -0.25 (-1.07%)
TRG 60.52 Decreased By ▼ -1.28 (-2.07%)

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.