NAB secures Rs241.4 billion worth of state assets in two months

Profit by Pakistan Today reported that NAB put the combined value of public property and resources protected through three actions at about Rs241.408 billion during the two months before its announcement. One action covered 3,927 kanals of Pakistan Railways land in Islamabad, Rawalpindi, Jhelum, Chakwal and Murree, valued at Rs118 billion. NAB said it helped secure the land and complete its mutation.

In Gilgit-Baltistan, the bureau helped end a dispute over the Pozzolan mining lease at Gini, after which the provincial government replaced the earlier arrangement with a lease for WAPDA/DBDC. The new arrangement provides access to an estimated 27.4 million tonnes of deposits, worth around Rs123 billion, for the Diamer-Bhasha Dam project. A further 272.3 kanals of amenity land, valued at Rs408.45 million, was transferred to the Capital Development Authority. NAB characterised all three cases as indirect protection or recovery of public assets, not cash received directly.