{"id":86138,"date":"2025-09-17T15:25:06","date_gmt":"2025-09-17T10:25:06","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=86138"},"modified":"2025-09-17T15:26:20","modified_gmt":"2025-09-17T10:26:20","slug":"nab-multan-freezes-properties-of-gfs-builders","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/nab-multan-freezes-properties-of-gfs-builders\/","title":{"rendered":"NAB Multan freezes properties of GFS Builders"},"content":{"rendered":"<p>MULTAN: The National Accountability Bureau (<a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/former-nab-dg-saleem-shehzad-resigns-heres-why\/\">NAB<\/a>) Multan has ordered the freezing of properties of GFS Builders and Developers, a company involved in a housing scheme scandal.<\/p>\n<p>The decision follows an inquiry that revealed the company&#8217;s owners and developers allegedly defrauded the public by selling plot files in an illegal and unapproved housing scheme, the GFS-7 Wonders City Housing Scheme in Multan.<\/p>\n<p>According to the NAB order, a copy of which is available with <em>Daily Ausaf<\/em>, the inquiry revealed that an alleged amount of Rs. 414.44 million has been defrauded from 240 claimants.<\/p>\n<p>The order further stated that GFS Builders had provided a list of an additional 155 affected individuals, amounting to Rs. 118.23 million, bringing the potential total liability to approximately Rs. 533 million.<\/p>\n<p>Following the inquiry, NAB has ordered the freezing of properties and bank accounts linked to the accused, including Irfan Wahid, Mansoor Wahid, and Hassan Shahzaib, under Section 12 of the\u00a0<span class=\"M5tQyf\">National Accountability Ordinance, 1999.<\/span><\/p>\n<p>The inquiry is ongoing, and NAB said that it aims to investigate the matter further to uncover the full extent of the alleged corruption.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MULTAN: The National Accountability Bureau (NAB) Multan has ordered the freezing of properties of GFS Builders and Developers, a company involved in a housing scheme scandal. The decision follows an inquiry that revealed the company&#8217;s owners and developers allegedly defrauded the public by selling plot files in an illegal and unapproved housing scheme, the GFS-7 [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":86139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/86138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=86138"}],"version-history":[{"count":3,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/86138\/revisions"}],"predecessor-version":[{"id":86142,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/86138\/revisions\/86142"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/86139"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=86138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=86138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=86138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}