LAHORE: The National Accountability Bureau (NAB), Lahore, has decided to launch an investigation into all housing projects of the Eden Developers after its failure to compensate affected people.

“The NAB has decided to probe all projects of the Eden following its failures to compensate a number of people who purchased plots/houses on installments but were not given allotment despite paying the full payment,” a NAB spokesman told Dawn on Thursday.

Earlier, NAB had directed the Eden group to hand over houses/plots to all affected persons by end of March or face action.

A good number of affectees held a demonstration on Thursday outside the NAB’s Thokar Niaz Baig office demanding action against the Eden for its failure to compensate them. NAB Director General Shahzad Saleem assured them that the bureau would redress their grievances.

Mr Saleem also held an open hearing where most complaints were against different housing societies in the city. According to NAB, it received complaints against the Eden, Khayaban-e-Ameen and Elite Town. “Criminal proceedings are being initiated against the Eden,” he said.

NTDC former chief arrested: The bureau has arrested former chief executive officer, National Transmission and Dispatch Company (NTDC), Rasul Khan Mahsud in a case of misusing authority by criminal breach of trust and causing a loss worth Rs13270 million to the national exchequer.

According to NAB, Mr Mahsud being the managing director of PEPCO between 2010-12 misused his authority and attempted to hamper investigation by misguiding inquiry officers.

It said he also approved tenders over exaggerated rates that caused a loss worth Rs13270 million to the national exchequer. The NAB after completion of investigation against the suspect filed corruption reference in the accountability court in December 2015.

NAB got his physical remand till April 3.

FIA: The Federal Investigation Agency cyber crime on Thursday arrested five men for defrauding people on the pretext of fake lucky draw scheme.

According to FIA, a raid was conducted in Sargodha and five fraudsters were arrested. The suspects presented themselves as representative of cellular companies, it said.

Published in Dawn, March 30th, 2018