NAB Freezes Assets in Gulberg Housing Scheme Fraud Case
NAB Freezes Assets in Gulberg Housing Fraud Case

MULTAN - The National Accountability Bureau (NAB) Multan has frozen multiple movable and immovable assets of accused persons in the Gulberg Executive Housing Scheme mega fraud case, as investigations enter an advanced stage with over 1,800 victims having filed claims worth more than Rs 5 billion.

Court Declares Proclaimed Offenders

An accountability court has declared MPA from PP-283 Ghulam Asghar Gormani and his brother Faisal Tahseen proclaimed offenders, while pre-arrest bail applications of land providers Ijaz Sarwar and Naveed Ahmad were dismissed on June 9, 2026. Key suspect Zain Murtaza has already been arrested.

Raids and Fugitives

NAB Multan conducted multiple raids to apprehend the remaining accused, however, the suspects remain at large and are believed to have fled abroad.

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Land Providers Admit Receiving Over Rs 1 Billion

During hearings, land providers Ijaz Sarwar, Qaiser Iqbal and Naveed Ahmad admitted before the accountability court and the investigating officer to having received over Rs 1 billion, and expressed willingness to either transfer land or refund the amount.

NAB Commitment to Justice

NAB Multan reaffirmed its commitment to bring all principal accused Ghulam Asghar Gormani, Faisal Tahseen, Ijaz Sarwar and Naveed Ahmad to justice and recover looted funds for the affected investors.

The bureau stated that proceedings in the case are being conducted with complete transparency, impartiality and in accordance with the law.

Tribute paid to Shahenshah-e-Ghazal Mehdi Hassan.

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