Each and every looted penny of nation will be recovered, says CJ

islamabad — A three-member bench of the Supreme Court headed by Chief Justice Mian Saqib Nisar has said that every looted penny of the nation will be recovered.

The bench was hearing a case regarding written off loans worth Rs54 billion in Islamabad.

The chief justice offered the companies which got their loans written off two options. He said the companies can either opt for payment of 75 per cent of the primary amount or their cases will be referred to the banking courts. He said the amount can be used to pay off the country’s debt.

Hearing another case pertaining to Bahria Town Karachi, the bench asked the builder to stop LAHORE — In a significant development ahead of the general elections, National Accountability Bureau (NAB) chairman (Retd) Justice Javed Iqbal announced on Tuesday that references would soon be filed in connection with ongoing investigations into mega corruption cases.

receiving payments from allottees. It said the Supreme Court has opened an account and the allottees should deposit their instalments in the said account. Owner of Bahria Town Malik Riaz appeared before the court and highlighted “In the coming days, NAB will file references in the accountability court regarding some mega corruption cases, for which we have complete evidence. We investigated mega corruption cases which had been swept under the carpet in the past,” the NAB chief said. —

the steps taken by him in the real estate sector.

The chief justice said we respect the charity work of Bahria town but action will be taken if proven that it executed projects on illegally occupied land.— APP