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Pakistan

NAB decides to launch operation against illegal housing societies

By Sarfraz Ali
8:00 am | Sep 18, 2015

ISLAMABAD (Online) – The NAB has decided to launch operation against illegal housing societies in Rawalpindi and Islamabad.
NAB Spokesman Nawazish Ali Asim said that NAB has contacted the CDA, the RDA, housing societies, advertising agencies and representatives of all stakeholders to devise a strategy against illegal housing societies.

The NAB has directed CDA and RDA to ensure that all housing societies under their respective jurisdiction work within the ambit of law and regulations.

The NAB has also directed advertising agencies not to publish advertisements of illegal housing societies. The CDA and RDA have also been instructed to place the names of illegal housing societies on their website.

The NAB has already set up a committee to keep an eye on illegal occupation of land and working of housing societies.

NAB has warned people against making investment in housing societies that did not have no objection certificate (NOCs) by the regulatory authorities.

Sarfraz Ali
Sarfraz Ali

The writer is an Editor of Digital Media for Daily Pakistan. He can be contacted at sarfraz1168@gmail.com.

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Forex

Currency Exchange Rates in Pakistan – US Dollar, Euro, Pound, Riyal to PKR – 9 May 2026
 
Currency Symbol Buying Selling
US Dollar USD 278.95 279.90
Euro EUR 327.02 331.27
UK Pound Sterling GBP 378.44 382.45
U.A.E Dirham AED 76 77
Saudi Riyal SAR 74.40 75.15
Qatari Riyal QAR 74.71 75.25
Omani Riyal OMR 722.47 733.08
Bahraini Dinar BHD 731.95 741.85
Kuwaiti Dinar KWD 879.85 890.28
Australian Dollar AUD 197.56 202.75
Canadian Dollar CAD 203.32 207.35
Singapore Dollar SGD 216.62 223.85
New Zealand Dollar NZD 161.85 166.70
Swiss Franc CHF 353.25 357.55
Chinese Yuan CNY 40.05 40.30
Danish Krone DKK 43.30 43.70
Norwegian Krone NOK 27.65 27.95
Swedish Krona SEK 30.30 30.60
Hong Kong Dollar HKD 35.08 36.03
Malaysian Ringgit MYR 65.25 66.75
Thai Baht THB 8.55 8.75
Indian Rupee INR 2.40 2.60
Japanese Yen JPY 1.76 1.86
 

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