ISLAMABAD, May 09 (TNS): World Bank on Tuesday strongly refuted and disapproved media reports regarding Remittances and Migration of US $4.9 billion from Pakistan to India on September 21, 2016.
The National Accountability Bureau (NAB) had ordered an inquiry against former Prime Minister Nawaz Sharif and others for allegedly laundering .
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9 billion to India earlier today.
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The NAB chairman had taken notice of a media report that claimed that the incident was mentioned in the World Bank’s Migration and Remittance Book 2016.
In a press release, the World Bank said its Remittances and Migration Report was ‘an effort […] to estimate migration and remittances numbers across the world.’
“The report does not include any mention of money laundering nor does it name any individuals,” said the press release.
It also referred to a statement by the State Bank of Pakistan SBP that rejected estimates of US $4.9 billion remittances from Pakistan to India on September 21, 2016.
