The National Accountability Bureau (NAB) on Tuesday returned Rs1.2 billion to victims of the Bankers City Housing Scheme fraud, marking a major milestone in its two-decade-long pursuit of justice. At a ceremony held at NAB Headquarters, Islamabad/Rawalpindi, the Bureau handed over recovered funds to the affectees of the housing scheme. The event underscored NAB’s mission […]
National Accountability Bureau
NAB inquiry unearths Rs 750m fraudulent housing scheme
National Accountability Bureau (NAB) Karachi conducted a comprehensive investigation and uncover a massive scheme involving the illegal encroachment, embezzlement, and fraudulent sale of approximately 250 acres of state land, amounting to Rs 750 million, the land located on Super Highway in Deh Kohistan, Thatta. The land was fraudulently used to launch the “Coco Green Housing […]
NAB chief distributes cheques among victims in Suzuki Sialkot Motors Case
Chairman, National Accountability Bureau (NAB), Lt. Gen. (R) Nazir Ahmed, visited NAB Lahore and presided over a special cheque distribution ceremony for affectees of the Suzuki Sialkot Motors case, involving cheating of the public at large. During the ceremony, an amount of Rs. 186.188 million was distributed among 136 claimants under the supervision of Mirza […]
Despite all criticism, NAB doing good job, says former SHC judge
Former Judge of the High Court of Sindh Justice (R) Muhammad Shaiq Usmani on Wednesday said that despite all the criticism that is showered on the National Accountability Bureau (NAB), it has done a good job and the organization certainly has gone a long way to curb corruption. He was speaking as chief guest on […]
Govt doesn’t believe in political victimisation through NAB: PM
Prime Minister Muhammad Shehbaz Sharif on Tuesday praised the National Accountability Bureau (NAB) for its “extraordinary efforts and remarkable achievements” in combating financial corruption across the country. Addressing the ceremony at the Prime Minister’s House in connection with International Anti-Corruption Day as chief guest, the prime minister paid tribute to NAB Chairman Lt Gen (R) […]
NAB reforms deliver record recoveries
National Accountability Bureau’s (NAB) institutional reforms have produced unprecedented results, with newly released data showing a dramatic rise in recoveries, enhanced transparency measures, and structural improvements across the organisation. According to official statistics, NAB recovered Rs 883.58 billion over a period of 23 years from its establishment in 1999 to February 2023. In stark contrast, […]
NAB achieves record-breaking Rs8,397bn recovery
The National Accountability Bureau has posted a historic performance by recovering Rs8,397 billion in the last two and a half years, marking the largest financial recovery ever made by the institution. Moreover, officials noted that this surge demonstrates a major improvement in anti-corruption efforts across various sectors. During this period, NAB’s recoveries increased nearly tenfold […]
NAB, UK’s NCA to sign MoU to strengthen anti-corruption partnership
The National Accountability Bureau (NAB) will sign a Memorandum of Understanding (MoU) with the United Kingdom’s National Crime Agency (NCA) to strengthen anti-corruption partnership. This development followed an important meeting at NAB Headquarters on Tuesday, where Acting Chairman Sohail Nasser met with UK delegation led by Graeme Biggar CBE, Director-General of the NCA. Both discussed […]
NAB recovers over Rs88 billion in Q1 2025, returns billions to scam victims
The National Accountability Bureau (NAB) recovered and disbursed over Rs88 billion during the first quarter of 2025, covering the period from January to March. This amount included Rs2.085 billion in direct recoveries and Rs86 billion in indirect recoveries. Most of the indirect recoveries involved the retrieval of public and private lands illegally transferred or occupied. […]
NAB uncovers Rs1.25 billion corruption in KP medicine procurement
The National Accountability Bureau (NAB) Khyber Pakhtunkhwa has exposed massive corruption in the provincial Health Department’s medicine procurement. Officials embezzled Rs1.25 billion during the 2023-24 fiscal year, prompting NAB to launch a formal investigation. The inquiry revealed that funds meant for essential medicines were misused, leading to significant financial losses. Investigators found that over Rs4 […]