NAB Lahore Seizes Properties of Fraudulent Housing Societies
The National Accountability Bureau (NAB) in Lahore has recently seized properties belonging to various housing societies. This action comes as part of a broader effort to address complaints from affected individuals and tackle widespread fraud within the real estate sector. NAB Lahore’s Director-General Amjad Majeed Aulakh has been at the forefront of these operations, which include the seizing of assets and properties worth billions of rupees.
The properties seized are part of ongoing investigations into fraudulent activities and illegal constructions by these housing societies. Notably, this crackdown is in response to numerous complaints and petitions filed by citizens who have fallen victim to these schemes. The move aims to recover funds and provide some relief to the affected parties.
These actions by NAB reflect a significant step towards ensuring accountability and transparency in the real estate market, safeguarding the interests of the public, and upholding the rule of law. The NAB has also been actively pursuing legal measures, such as requesting red warrants for the accused involved in these housing scams, further emphasizing their commitment to curbing corruption (Dunya News).
