NAB DG pledges relief to fraud affectees

LAHORE : NAB, Lahore Director General Ihtiram Dar, on Saturday held his first public hearing after assuming office, reaffirming NAB’s commitment to justice and transparency.

The open session witnessed the participation of 350 (approx) victims of Ponzi schemes and alleged illegal housing societies.

Among the complainants were investors entangled in financial scandals and various other fraudulent investment companies. Additionally, victims of housing sector were also in attendance. The DG personally engaged with the complainants and issued immediate directives to the investigating teams concerned.

Talking to the victims, he emphasised that the NAB Chairman has issued explicit instructions to prioritise mega fraud cases, ensuring swift relief for affectees. He reaffirmed the attendees that NAB’s operating with an open-door policy to assist citizens at all times. To enhance communication and maintain transparency, he directed for real-time updates through WhatsApp groups to keep victims informed on their cases.

During the session, victims of investment company scandal disclosed that fraudsters had exploited the names of renowned medical stores on social media, enticing the public with promises of high returns. In response, DG NAB Lahore informed that NAB Lahore has formally sought special relaxations in NAB regulations from the Chairman to facilitate victims.

Additionally, he instructed for the immediate publication of newspaper advertisements against the company's management.

Providing an update on a scandal, NAB Lahore DG announced that the investigation has concluded in very limited time frame, however, formal approval has also been sought for reference to be filed in an accountability court, during upcoming week.