{"id":57884,"date":"2019-11-22T16:16:08","date_gmt":"2019-11-22T16:16:08","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=57884"},"modified":"2020-01-29T12:37:36","modified_gmt":"2020-01-29T12:37:36","slug":"nab-announces-700-increase-recoveries-from-housing-sector-cases","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/nab-announces-700-increase-recoveries-from-housing-sector-cases.html","title":{"rendered":"NAB announces 700% increase in recoveries from housing sector cases"},"content":{"rendered":"<p>Lahore: The National Accountability Bureau (NAB) has reported on a 700% increase in its <a href=\"https:\/\/www.zameen.com\/news\/nab-recovers-pkr-702-bn-through-cancellation-of-fake-land-allotments.html\" target=\"_blank\" rel=\"noopener noreferrer\">recoveries from corruption cases concerning the housing sector<\/a> and 500% increase in recoveries form other scams.<\/p>\n<p>As per officials, the recovery stats have grown significantly in the last three years. The department recovered PKR 36,166 million since 2017. From 1999 to 2016, the amount recovered from the housing sector\u00a0was valued at PKR 6,549 million, and this figure has increased to PKR 38,927 million in the last three years.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/nab-close-cases-against-kda-others.html\" target=\"_blank\" rel=\"noopener noreferrer\">NAB to close cases against KDA, others<\/a><\/p>\n<p>References of amount PKR 76,601 million were filed in the accountability courts, involving a sum of PKR 49,000 million, which counted for 265% increase under this head. The accountability watchdog also recovered PKR 350 million in plea bargains from housing sector cases in 17 years.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/nab-arrests-land-mafia-associate-defrauding-karachi-citizens.html\" target=\"_blank\" rel=\"noopener noreferrer\">NAB arrests land mafia associate for defrauding Karachi citizens<\/a><\/p>\n<p>As per reports, the NAB chairman recently reiterated his stance against corruption and had announced to initiate new measures to eliminate corruption in the housing and other sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The National Accountability Bureau (NAB) has reported on a 700% increase in its recoveries from corruption cases concerning the housing sector and 500% increase in recoveries form other scams. As per officials, the recovery stats have grown significantly in the last three years. The department recovered PKR 36,166 million since 2017. From 1999 to 2016, the amount recovered from the housing sector\u00a0was valued at PKR 6,549 million, and this figure has increased to PKR 38,927 million in the last three years. Read:\u00a0NAB to close cases against KDA, others References of amount PKR 76,601 million were filed in the accountability courts, involving a sum of PKR 49,000 million, which counted for 265% increase under this head. The accountability watchdog also recovered PKR 350 million in plea bargains from housing sector cases in 17 years. Read:\u00a0NAB arrests land mafia associate for defrauding Karachi citizens As per reports, the NAB chairman recently reiterated his stance against corruption and had announced to initiate new measures to eliminate corruption in the housing and other sectors.<\/p>\n","protected":false},"author":75,"featured_media":25352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[14076],"persona":[],"class_list":{"0":"post-57884","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-details-on-nab-announces-700-increase-in-recoveries-from-housing-sector-cases","9":"cat-15015-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 announces 700% increase in recoveries from housing sector cases - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The National Accountability Bureau (NAB) has reported on a 700% increase in its recoveries from corruption cases concerning the housing sector and\" \/>\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-announces-700-increase-recoveries-from-housing-sector-cases.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAB announces 700% increase in recoveries from housing sector cases - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The National Accountability Bureau (NAB) has reported on a 700% increase in its recoveries from corruption cases concerning the housing sector and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/nab-announces-700-increase-recoveries-from-housing-sector-cases.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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