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+--- Thread: Double Shah scam victims to get cheques (/showthread.php?tid=3929)
Double Shah scam victims to get cheques - Naveed Yaseen - 03-31-2009 06:51 AM
LAHORE: The National Accountability Bureau (NAB), Punjab, will distribute cheques (2nd instalment, 10 per cent of verified claimed amount) to direct investors of Syed Sibtul Hassan Gillani alias Double Shah scam with effect from April 1, 2009.
The cheques distribution will simultaneously take place at the SDPO Office, Wazirabad, from April 1 to 3 and at Chamba House, GOR-I, Lahore, from April 2 to 10 for which intimation letters have been issued to the rightful claimants.
It is clarified that at the SDPO Office, Wazirabad, pay orders will be disbursed to those claimants whose claimed amount is less than Rs50,000. Pay orders for Rs50,000 and above will be disbursed at Chamba House, GOR-I, Lahore, and evidence of source of investment will be required in claims of amount of more than Rs500,000.
It may be recalled that in 2007, NAB had initiated action against Double Shah and other swindlers who had cheated members of public at large and misappropriated billions of rupees by luring them to double their amounts in 15 to 70 days.
http://www.thenews.com.pk/daily_detail.asp?id=170005