ISLAMABAD:
The Privat
isation Commission of Pakistan has written a
letter to National Accountability Bureau (NAB) chairman applauding th
e efforts of NAB in recovering an amount of Rs200.25 million invested by
The Privat
isation Commission of Pakistan in Trust Investment Bank Limited (TIBL).
NAB on the complaint of Privat
isation Commission of Pakistan persuaded Trust Investment Bank Limited (TIB) which agreed to return Rs404.81 million.
The first tranche of Rs200.25 million has been recovered by NAB from Trust Investment Bank and has been handed over cheques to Privat
isation Commission of Pakistan.
The Privat
isation Commission appreciated NAB&rsquo
;s continued efforts and timely support in recovering the above amount from TIB.