Financial recovery: NAB hands over Rs12.277m to GEPCO 

All three defaulters are influential industrial defaulters


News Desk June 14, 2017

Director General National Accountability Bureau (NAB) Lahore Shahzad Saleem handed over a cheque of Rs12.277 million to an official of the Gujranwala Electric Power Company. The amount was recovered from GEPCO’s wilful defaulters. NAB Lahore recovered Rs4.8 million through Plea Bargain (PB) deal with M/S Data Steel Furnace which was an industrial defaulter of GEPCO, Rs.261 million from M/S Ali Steel Mills through Voluntary Return (VR) and Rs2.2 million from Usman Steel Furnace by conducting VR. All three defaulters were influential industrial defaulters.

Published in The Express Tribune, June 14th, 2017.

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