Islamabad, May 8 (TNS): Amid NAB inquiry into alleged money-laundering by Nawaz Sharif, World Bank study had shown that $4.9 billion were transferred to India in 2015.
According to press release issued by the country’s prime anti-graft watchdog on Tuesday, the chairman a took notice of reports claiming that Nawaz laundered $4.9 billion to India.
World Bank in 2015 said that Pakistan had remitted a staggering $4.9 billion in 2015, the fourth largest source of India’s remittances that year.
However, State Bank of Pakistan denied such reports two years back.
The media reports claim that a record of this exists in the World Bank’s Migration and Remittances book of 2016.
The reports claim that the injection of such an amount into India’s foreign reserves resulted in an increase in their resources for which Pakistan is still suffering.
Once formulated, this will be the fifth case against the Nawaz Sharif by the NAB.
Earlier in the day, the accountability court sought more time from the top court to end the trial on references filed by the National Accountability Bureau (NAB) against members of the Sharif family.
