NAB recovers Rs88bn, returns to affected people in Jan-March 2025
Significant portion amounting to Rs1990.771 million was directly distributed among 19,105 victims of various scams
ISLAMABAD: The National Accountability Bureau (NAB) recovered and disbursed over Rs88 billion during the first quarter of 2025, from January to March.
According to a NAB report, issued on Saturday, Rs2.085 billion were recovered in direct recoveries and Rs86 billion in indirect recoveries, involving public and private lands, associated with cases of illegal transfer and occupation.
The disbursed amounts were returned to the affected entities. Regarding indirect recoveries, NAB Balochistan retrieved state land measuring 340 acres of Chiltan Park and 250 acres of Forest Department, which translated into Rs6.45 billion, NAB Khyber-Pakhtunkhwa secured Rs0.56 billion in case titled inquiry against officers/officials of University of Swabi, Revenue and Forest departments, NAB Lahore recovered Rs70.87 billion in three mega cases including Employees Cooperative Housing Society, State Life Insurance Employees Cooperative Housing Society and Sarwar Omega Villas, NAB Multan recovered Rs0.013 billion in GFS 7 Wonders Housing Scheme, while NAB Sukkur recovered 610 acres of NHA land worth Rs8.53 billion.
Regarding disbursement of direct recoveries, NAB transferred Rs9.72 million directly to the federal government, Rs10.80 million to provincial governments and Rs73. 51 million to different department/financial institutions, etc.
Further, a significant portion amounting to Rs1990.771 million was directly distributed among 19,105 victims of various scams. The recoveries made in the first quarter of 2025 took NAB’s overall recovery amount since its inception to Rs6.236 trillion, of which 62.92pc (Rs3.92 trillion) were recovered in last 18 months. These recoveries were made from individuals and entities through plea bargains, voluntary returns and settlements.
-
DeepSeek V4 Model Bets On Huawei Chips As Demand Surges -
Ty Herndon Talks 'building A Future' With Partner Amid Memoir Release -
'General Hospital' Star Sofia Mattsson Spills The Truth About 'Days Of Our Lives' Role -
Ben Stiller Reveals Hidden Struggles Of Bro Bowlers -
Brian Cox Launches Savage Attack On Johnny Depp -
Pooh Shiesty, His Father Arrested Over Gucci Mane Kidnapping -
Blake Lively 'devastated' After Legal Loss Against Justin Baldoni -
Queen Elizabeth Ignored Warning Signs In Andrew Case To Protect Him? -
'Hollyoaks' Star Keiron Richardson Confirms Speculation About Major Character Exit -
King Charles, Harry Reconciliation: Royal Expert Reflects On 'work Going On Behind The Scenes' -
Palace Shares Rare Update On King Charles’ State Visit To See Donald Trump -
Garth Brooks's Comeback Fear Exposes Deeper Dependence After Rape Accusations -
SpaceX Kicks Off IPO Process, Eyes Record $75 Billion Offering -
Where Dak Prescott And Sarah Jane Ramos Stand About Their Relationship As Canceled Wedding Nears -
Sarah Ferguson To Come On ‘Traitors’ Or ‘Big Brother’? Plans Come To Light -
Misua, 'Drag Race: Philippines,' Breathes Her Last At 27