NAB starts online transfer of recovered money into victims’ accounts

Taking a step towards digitalisation and facilitate victims of fraud cases, the National Accountability Bureau (NAB) has devised a system for disbursing their recovered money from the fraudulent through online. “Addressing difficulties faced by victims of various financial scams in receiving their amounts, NAB has decided to transfer recovered funds to victims online,” says an official press release issued by the NAB headquarters on Wednesday. The new payment system was launched at a ceremony presided over by NAB chairman retired Lt-Gen Nazir Ahmed. In the first phase, recovered funds were directly transferred online to victims of the B4U fraud. The NAB chief himself initiated the online transfer of funds directly into the bank accounts of victims.