{"id":51501,"date":"2019-04-19T12:47:30","date_gmt":"2019-04-19T12:47:30","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=51501"},"modified":"2020-01-29T12:45:37","modified_gmt":"2020-01-29T12:45:37","slug":"nab-prioritise-compensation-housing-scam-victims","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/nab-prioritise-compensation-housing-scam-victims.html","title":{"rendered":"NAB to prioritise compensation for housing scam victims"},"content":{"rendered":"<p>Lahore: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal has stated that compensating the victims of housing society scams is a priority, a news source reported. Iqbal made this announcement as he addressed the affectees of one such housing scheme recently.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/nab-ready-for-action-of-property-scams.html\" target=\"_blank\" rel=\"noopener noreferrer\">NAB ready for action against property scams<\/a><\/p>\n<p>A ceremony for distribution of the compensation was held at NAB\u2019s provincial headquarters in Thokar Niaz Baig. The chairman distributed PKR 730 million among the affectees. He said that private housing schemes lure the public through ads, and many of them have not even acquired land. He added that many of them have not obtained a No-Objection Certificate (NOC) from the department concerned.<\/p>\n<p>Iqbal stressed that such housing projects only exist on paper, and scam innocent people. He assured the affectees that NAB has been making hard efforts to recover the money looted from them.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/scams-in-housing-schemes-300-inquiries-registered-by-fia.html\" target=\"_blank\" rel=\"noopener noreferrer\">Scams in housing schemes, 300 inquiries registered by FIA<\/a><\/p>\n<p>During the tenure of Iqbal (since 2018), NAB has distributed a sum of PKR 6.72 billion among the victims of housing scams. In terms of indirect recoveries, NAB has compensated the affectees through total of PKR 5.3 billion. Also, the bureau has arrested 215 suspects in these cases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal has stated that compensating the victims of housing society scams is a priority, a news source reported. Iqbal made this announcement as he addressed the affectees of one such housing scheme recently. Read:\u00a0NAB ready for action against property scams A ceremony for distribution of the compensation was held at NAB\u2019s provincial headquarters in Thokar Niaz Baig. The chairman distributed PKR 730 million among the affectees. He said that private housing schemes lure the public through ads, and many of them have not even acquired land. He added that many of them have not obtained a No-Objection Certificate (NOC) from the department concerned. Iqbal stressed that such housing projects only exist on paper, and scam innocent people. He assured the affectees that NAB has been making hard efforts to recover the money looted from them. Read:\u00a0Scams in housing schemes, 300 inquiries registered by FIA During the tenure of Iqbal (since 2018), NAB has distributed a sum of PKR 6.72 billion among the victims of housing scams. In terms of indirect recoveries, NAB has compensated the affectees through total of PKR 5.3 billion. Also, the bureau has arrested 215 suspects in these&hellip;<\/p>\n","protected":false},"author":68,"featured_media":25352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15020],"tags":[11369],"persona":[],"class_list":{"0":"post-51501","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-social-developments","8":"tag-details-on-nab-to-prioritise-compensation-for-housing-scam-victims","9":"cat-15020-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NAB to prioritise compensation for housing scam victims - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal has stated that compensating the victims of housing society scams is a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/nab-prioritise-compensation-housing-scam-victims.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAB to prioritise compensation for housing scam victims - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal has stated that compensating the victims of housing society scams is a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/nab-prioritise-compensation-housing-scam-victims.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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