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LAHORE, Jun 28 (APP):National Accountability Bureau (NAB) Lahore Director General Ghulam Safdar Shah held his first open hearing session at NAB Lahore Bureau after assuming office, receiving an overwhelming response from victims of fraudulent Ponzi schemes and alleged fake housing societies.
The affectees of Bahria Cuisine, Blink Capital Investment (BCI), Al-Rehman Garden Phase-4, New Lahore City, Al-Jalil Garden, Khayaban-e-Ameen Housing Society, Grand Avenue Housing Society, Pak-Arab Housing Society, and Omega Residencia attended the session for redress of grievances.
The DG NAB personally heard the grievances and issued on-the-spot directives for redressal.
In response to the complaint from victims of the Bahria Cuisine mega scandal, the DG NAB ordered the retrieval of all related FIRs from CCPO Lahore office registered against said accused for further action. Additionally, instructions were issued for publishing Public Notices regarding Bahria Cuisine scandal and to depart a dedicated NAB team to Ghotki for victims’ facilitation. Formal Complaint Verification proceedings against Bahria Cuisine’s management has been officially initiated.
Regarding complaints from New Lahore City, the DG directed that each affectee be addressed individually and progress reports be submitted to him during upcoming week. He further mentioned that, if tangible progress couldn’t not be observed before upcoming Open Hearing, the management of the society must be summoned to face the victims directly. “No affectee should have to run from one office to another seeking justice,” he remarked. Addressing complaints related to Khayaban-e-Ameen Housing Society, the DG conveyed Chairman NAB’s directive, victims who have paid over 50 percent of the total amount to the administration will be eligible for recovery worth three times the paid amount through NAB efforts.
In response to concerns raised by victims of the Grand Avenue Housing Society regarding delays in recovery and refund, the DG called for a comprehensive briefing on the auction progress of surrendered properties of the accused. He said that NAB Lahore is committed to ensuring prompt recovery by auctioning the confiscated assets of the perpetrators. Regarding Al-Jalil Garden, the DG demanded a detailed progress briefing on ongoing investigations and refund-related difficulties faced by victims.
For Al-Rehman Garden Phase-4, he confirmed that the investigation is nearing completion, with major developments expected soon.
While addressing the participants of the open hearing, the DG reiterated Chairman NAB’s stance on adopting a zero-tolerance policy against culprits involved in defrauding general public.
“NAB’s primary objective remains the restitution of victims’ losses,” he stated, “but our broader vision is to establish a people-centric NAB, a goal towards which decisive measures are underway.”