Hi - I own a FAB-170 bass and FAG-170 guitar. Sorry to report this, but the circuit board in your photos looks completely different from any of the other ones I've seen. Here is an example of what the original/stock circuit board looks like:


Notice that it's a manufactured circuit, labeled "AL-2". The circuit board in your photos looks completely homemade - it's just made out of standard perfboard. If someone told you those are the stock electronics, I'm afraid that's not correct.
It's POSSIBLE that they copied the circuit correctly, but the problems you're describing definitely should not be happening, so most likely something wasn't built correctly.
Actually, no, it's definitely incorrect - I can see that one of the trimpot values in the photo is 100k ohms, which is not correct for any of the trimpots. In the stock circuit, the humcanceller trimpots should be 100 ohms (not 100k ohms), and the gain trimpots should be 47k ohms or 50k ohms. So even the values of the trimpots don't match either the Fernandes FAB/FAG circuit (or the Alembic Series circuit, which is basically the same).
So the circuit in your bass might (sort of) work, but unfortunately it does not look like it's a correct copy of the original circuit - sorry to say. That's very likely to be the reason why it's not working correctly.