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NAB hands over recovered amount of Rs4.2m to Fesco

byCT Report
17/05/2017
in Business
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LAHORE: National Accountability Bureau (NAB) Lahore Director General Shahzad Saleem has handed over a cheque worth Rs 4.2 million, the amount recovered from Fesco defaulters, to Fesco Chief Executive Officer Mujahid Islam.

According to NAB spokesman, Fesco had contacted NAB Lahore in 2016 regarding its commercial, industrial and residential defaulters and reported that the defaulters are not wilfully paying their power bills.

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NAB Lahore initiated an inquiry against all the defaulters and managed to start recovery of defaulted money through Voluntary Return (VR) and plea bargain (PB) in the same year.

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