Prime Minister Shehbaz Sharif has said the National Accountability Bureau (NAB) discovered land worth trillions of rupees. He said the land was allegedly lost through corruption and coercion.
Shehbaz Sharif made the remarks during a gong-ringing ceremony at the Pakistan Stock Exchange (PSX). The event was held for the listing of Naya Nazimabad Apartments.
The prime minister said efforts were underway to recover the identified land through legal procedures. He also thanked the NAB chairman and his team for their efforts.
According to Shehbaz Sharif, the value of the discovered land is measured in trillions rather than billions. He said the recovery process would be conducted according to the law.
NAB Recovery Efforts Highlighted
Shehbaz Sharif praised the NAB chairman for identifying valuable land linked to the recovery efforts. He also appreciated the wider team involved in the process.
The prime minister said the authorities were working to bring the assets back through legal channels. He did not provide details about the exact locations of the land.
He also did not disclose the total area involved or provide a detailed breakdown of the assets. Further details about individual cases were not shared during the ceremony.
The statement highlights the government’s focus on recovering assets considered to have been lost through unlawful practices. Legal procedures will determine how the recovery process moves forward.
Asim Munir Praised for Role
The prime minister also praised Field Marshal Syed Asim Munir during his address. He described him as an important partner in the recovery efforts.
Shehbaz said Asim Munir’s commitment and efforts had set an example in Pakistan. However, the prime minister did not provide detailed information about his specific role.
The remarks came as the government highlighted efforts involving national assets and institutional reforms. Asset recovery remains part of the broader discussion about improving governance and protecting public resources.
PM Expresses Confidence in Pakistan’s Economy
Shehbaz Sharif also spoke about Pakistan’s future economic position during the ceremony. He expressed confidence that the country would become a powerful economy.
The prime minister said Pakistan could gain greater respect and standing internationally. He linked this outlook with continued efforts toward economic development.
The ceremony at the Pakistan Stock Exchange also focused on investment and capital market activity. The listing of Naya Nazimabad Apartments was the central occasion for the event.
Shehbaz has repeatedly stressed the need for economic reforms and sustainable growth. His recent remarks have also focused on exports and improving industrial performance.
Recovery Process to Continue Under Law
The prime minister said the identified land would be recovered in accordance with legal requirements. This means relevant authorities will need to follow established procedures.
The government has not provided a complete breakdown of the land identified by NAB. Details regarding specific properties and their ownership were also not disclosed.
The latest statement nevertheless places attention on the scale of the alleged asset recovery. Shehbaz Sharif said the value involved could reach trillions of rupees.
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The government is also highlighting institutional efforts to protect public resources. Further developments are expected as authorities continue the legal process surrounding the identified assets.
