Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Supergirl trailer Milly Alcock
    EntertainmentVideos

    DC Releases First ‘Supergirl’ Trailer Starring Milly Alcock

    December 12, 2025 2 Min Read
    Hunger Games Sunrise on the Reaping trailer
    EntertainmentVideos

    Hunger Games Prequel Trailer Sparks Fan Frenzy Over 10-Second Silent Cliffhanger

    November 21, 2025 3 Min Read
    Billie Eilish Elon Musk
    EntertainmentVideos

    Billie Eilish Criticizes Elon Musk, Calls Billionaire Wealth “Pathetic”

    November 14, 2025 3 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: NAB Distributes Rs3.7B to B4U Scam Victims in Major Compensation Phase
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
KP gold mining irregularities
PhotoNews Pakistan > Pakistan > NAB Distributes Rs3.7B to B4U Scam Victims in Major Compensation Phase
Pakistan

NAB Distributes Rs3.7B to B4U Scam Victims in Major Compensation Phase

Web Desk
By Web Desk Published August 22, 2025 2 Min Read
Share
National Accountability Bureau (NAB). Photo: Dawn
SHARE

The National Accountability Bureau (NAB) Rawalpindi launched a significant compensation phase for victims of the B4U scam, Pakistan’s largest Ponzi scheme. NAB officials hosted a ceremony at Headquarters in Islamabad, where they distributed Rs3.7 billion to 17,500 affected individuals. NAB Chairman Lt. Gen. (Retd.) Nazir Ahmed led the initiative, demonstrating the bureau’s commitment to restoring public trust.

The B4U scam deceived citizens with false promises of 7% monthly investment returns and amassed billions of rupees. NAB froze 56 bank accounts, properties, and assets linked to the accused and recovered Rs7.3 billion through legal proceedings. In the initial phase, NAB provided full compensation to 10,000 victims; 7,500 received 40% of their dues, and NAB will pay the remaining 60% within six months after auctioning seized assets.

Senior NAB officials and victims attended the ceremony to witness the distribution of cheques. Chairman Ahmed announced that future payments will be transferred directly to victims’ bank accounts, eliminating the need for in-person visits. This streamlined process will enhance efficiency and accessibility for those affected.

Read: NAB Sells Bahria Town Property for Rs2.27 Billion in Auction

NAB’s 2025 performance report details record recoveries, with Rs547.31 billion reclaimed in the first six months, including Rs456.3 billion from April to June. The bureau’s success in the B4U compensation phase demonstrates NAB’s commitment to tackling high-profile financial crimes through rigorous investigations and asset recovery, which reinforces public confidence in accountability.

NAB continues to auction seized assets to fund remaining compensation, focusing on transparency and swift action. By addressing the B4U scam successfully, NAB has set a precedent for managing major financial fraud cases and supporting Pakistan’s economic integrity.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Airblue 2010 crash compensation court order

Islamabad Court Orders Airblue to Pay Rs 5.41 Billion for 2010 Crash

John Carreyrou lawsuit AI copyright books

John Carreyrou Sues Elon Musk’s xAI, Google, OpenAI Over Book Copyrights

PIA privatisation bidding

Pakistan Moves Ahead With Open Bidding for 75% Privatisation of PIA

Post Archives

More Popular from Photonews

IMF Pakistan GDP exports forecast 20230
Business

IMF Projects Pakistan GDP at Rs193.6tn by 2030, Flags Export Shortfall

4 Min Read
Bondi Beach Suspects Trained for Attack in Countryside
Top NewsWorld

Bondi Beach Attack Suspects Trained in Countryside, Says Australian Police

5 Min Read
Jake Paul vs Anthony Joshua fight
Sports

Jake Paul vs Anthony Joshua: Fight Date, Venue, Streaming Details

3 Min Read
Khyber Pakhtunkhwa

Islamabad ATC Declares KP CM Sohail Afridi Proclaimed Offender

An Anti-Terrorism Court in Islamabad has declared Khyber Pakhtunkhwa Chief Minister Sohail Afridi and four Pakistan…

December 17, 2025
Tech

ChatGPT Tests Home Screen Shortcuts for Faster Access to Favourite Chats

ChatGPT is becoming easier to use for users who repeatedly return to the same conversations, as…

December 21, 2025
Entertainment

Sydney Sweeney Redefines Red Carpet Style With Old Hollywood Glamour

Sydney Sweeney is reshaping the red carpet conversation. Her latest appearance suggests a deliberate shift in…

December 17, 2025
Entertainment

James Ransone, The Wire Actor Known for Ziggy Sobotka, Dies at 46

James Ransone, the American actor best known for his portrayal of Ziggy Sobotka on HBO’s acclaimed…

December 22, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?