close
Advertisement
Can't connect right now! retry

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!
November 30, 2019

Rs13 bn scam: NAB initiates inquiry against Fazaia Housing Scheme

Top Story

November 30, 2019

KARACHI: The National Accountability Bureau (NAB), Karachi, has initiated an inquiry against the M/s Fazaia Housing Scheme, Karachi, a private housing society, to address the grievances of victims. 

The spokesman for NAB Karachi said that the Bureau had requested to initiate a fresh inquiry against M/s Fazaia Housing Scheme, Karachi,and others. In view of huge number of victims i.e. 6,000 and involving an amount of Rs13 billion invested by the general public, the chairman NAB has been requested to initiate a fresh inquiry into the allegations of cheating public at large to provide relief to the victims of the above-mentioned housing scheme. 

NAB will investigate how a private housing society was permitted to use the name of Fazaia. The NAB Karachi is determined to complete the inquiry at a fast pace and hold accountable all the persons involved. Further investigations are underway.

Topstory minus plus

Opinion minus plus

Newspost minus plus

Editorial minus plus

National minus plus

World minus plus

Sports minus plus

Business minus plus

Karachi minus plus

Lahore minus plus

Islamabad minus plus

Peshawar minus plus