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Chairman NAB Justice Javed Iqbal has presided over a meeting at NAB Headquarters to review the overall performance of NAB especially NAB's performance regarding to action taken so far against illegal private/co-operative housing societies of Rawalpindi and Islamabad, said a press release. The meeting was informed that the NAB as per directives of chairman NAB, has asked the relevant departments including Islamabad
Capital Territory (ICT), Rawalpindi Development Authority (RDA) and Capital Development Authority (CDA) to take action against all illegal Private/ Cooperative Housing societies and asked them to publish names of all illegal private/Cooperative Housing Societies in newspapers as well as to place the names of such illegal private/ Cooperative Housing societies at the websites of CDA, RDA and ICT in order to aware people at large through help of media to avoid investments in illegal societies. It was told that NAB has played an effective role in ensuring the placing of the names of illegal societies on the websites of CDA, ICT and RDA. Moreover, the chairman NAB immediately after taking over his responsibilities as Chairman had directed to conclude all the inquiries and investigations against private/cooperative Housing Societies to their logical conclusion as per law.
The NAB chairman sought the report of actions taken against private and cooperative housing societies so far from DG NAB Rawalpindi. He reiterated his firm resolves to take stern action against all private/cooperative illegal housing societies besides recovering the looted money from the defaulting societies and returning the life long saved money to the effectees of all the illegal private/ co-operative housing societies in accordance with law.
He said that strict action will be taken against relevant NAB officers on exhibiting negligence. He urged people to invest their hard earn money in only legal private/cooperative housing societies after thorough scrutiny and legal position as per law to avoid fraud at initial stage. Meanwhile, NAB has authorised complaint verification against Aijaz Jakhrani MNA from Jacobabad. He has allegedly assets beyond known sources of income.-PR

Copyright Business Recorder, 2018

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