Tue, 21-Oct-2025

Lasani Group Scandal Prob Will Be Taken To Logical Conclusion: Chairman NAB

Chairman NAB

Another major fraud of whopping Rs. 80 billion by the ‘Lasani Oil Trader Limited came before the National Accountability Bureau (NAB). According to the details, a delegation of victims of alleged fraud of Rs 80 billion called on Chairman NAB retired Justice Javed Iqbal and informed him about the details of the alleged fraud. Chairman … Read more

Chairman NAB says, “The bureau only acts in accordance with law, exercises”

Chairman NAB

National Accountability Bureau (NAB) Chairman retired Justice Javed Iqbal has on Wednesday said NAB is aware that businessmen are the backbone of any economy.

NAB Chairman said that the authority is aware of the importance of the business community and would never take steps to violate their rights.

He asked, “Why would we take a step that would violate the rights of a businessman then?”

Iqbal added that the stock exchange would not show a positive trend as it has been, if NAB was creating problems for the business community.

He expressed these views after distributing cheques of Rs760 million among 3,000 affectees of Model Housing Enclave and Ferozpur Housing Society.

‘Record recoveries made in two years’

Appreciating the performance of NAB Lahore, Iqbal said that distribution of millions of rupees — recovered from suspects in a short span of two years — among affectees is laudable.

“When NAB’s history will be recorded, today will be remembered because in only 24 months, Rs2.5 billion worth of recoveries were made.”

He said the joy and happiness on the faces of affectees had proved that NAB officials were “serving the nation by utilising their energies for returning hard earned money to the affectees.”

He further added that an amount of Rs1.32 billion was also returned to the affectees of other housing society projects during the last two years.

The NAB chairman added more that the Bureau is striving hard to ensure complete implementation of the rule of law.

He said those who only criticize NAB must know that criticism must have “some foundation”.

The Bureau chairman said that some elements try to engage in propaganda against NAB but despite that, the Bureau will continue to work “purely on merit”.

Iqbal said that criticism for the sake of criticism is not justified and there should always be constructive criticism.

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NAB Approves 7 References, Investigation Against Pervez Elahi Closed

NAB Approves 7 References, Investigation Against Pervez Elahi Closed

The National Accountability Bureau (NAB) has approved seven references, six investigations and three inquiries against former Balochistan health minister and others, while the ongoing investigation against Punjab Assembly Speaker Chaudhry Pervez Elahi has been closed for lack of evidence. According to a statement issued by NAB, a meeting of the Executive Board was held under … Read more

NAB Sets Up New Joint Investigation Team System

Nusrat Shehbaz

Chairman NAB Justice (Retd) Javed Iqbal has said that a joint investigation team has been set up comprising of investigation officers, legal consultants and financial experts. According to details, a meeting was held at NAB headquarters under the chairmanship of Justice (Retd) Javed Iqbal in which the chairman said that NAB has full faith in … Read more

Billion Tree Tsunami: NAB approves 4 investigations, 6 inquiries

Billion Tree Tsunami: NAB approves 4 investigations, 6 inquiries

The National Accountability Bureau (NAB) has approved four investigations and six different inquiries into the Pakistan Tehreek-e-Insaf (PTI) Khyber Pakhtunkhwa government’s Billion Tree Tsunami project. Chairman NAB Justice (Retd) Javed Iqbal chaired a meeting of the NAB Executive Board at NAB Headquarters Islamabad where Deputy Chairman NAB, Prosecutor General, DG Operations, NAB Rawalpindi, Khyber Pakhtunkhwa, … Read more

Overall conviction rate in NAB cases is 68.8%

Overall conviction rate in NAB cases is 68.8%

ISLAMABAD: Chairman NAB Justice (retd) Javed Iqbal has said that NAB is a focal point under the United Nations Convention against Corruption and it is a priority to bring white-collar crime cases of mega corruption to a logical conclusion. According to details, Chairman NAB Justice (retd) Javed Iqbal has said in his statement that bringing … Read more

Chairman NAB ordered an inquiry against K Electric

Overall conviction rate in NAB cases is 68.8%

Chairman National Accountability Bureau (NAB) Justice (Retd) Javed Iqbal, took notice of public complaints and media reports and ordered an inquiry against K Electric. According to a statement issued by NAB, K Electric is accused of overbilling billions of rupees with unannounced long load shedding. The statement further said that according to the agreement reached … Read more

Recovered more than Rs 141 bn in 2019, Chairman NAB reports to the President

Recovered more than Rs 141 bn in 2019, Chairman NAB reports to the President

Chairman National Accountability Bureau (NAB) Justice (Retd) Javed Iqbal called on President Dr Arif Alvi and presented the annual performance report of the institution. Briefing the President on the performance of the institution, Justice (Retd) Javed Iqbal said that NAB has recovered more than Rs 141 billion in 2019. According to the Chairman NAB, 747 … Read more