Explorer

Pak's NAB orders inquiry against Nawaz Sharif over laundering $4.9 billion to India

Islamabad [Pakistan], May 08 (ANI): Pakistan's National Accountability Bureau (NAB) has ordered an inquiry against former prime minister Nawaz Sharif and others for allegedly laundering $4.9 billion to India, according to reports in the Pakistani media.

A statement by NAB, who ordered the inquiry based on a media report, claims that the amount was laundered to the Indian finance ministry after which Indian foreign exchange reserves witnessed an increase and Pakistan suffered as a result, reported Pakistan's Geo News.

According to media report, the incident is mentioned in the World Bank's Migration and Remittance Book 2016.

However, the details of the media report based on which NAB ordered inquiry, are not jotted in the statement.

This takes the country's former premier's legal battle a notches higher as Nawaz, his sons Hasan and Hussain, daughter Maryam, son-in-law Captain (retd) Mohammad Safdar are facing multiple corruption references in the accountability court.

The Pakistan SC had, on July 28 last year, disqualified Sharif from holding the office of the prime minister and had asked the NAB to file references against the Sharif family in connection with corruption cases against them.

The references against the Sharif family pertain to the Al-Azizia Steel Mills, offshore companies including Flagship Investment Ltd, and Avenfield properties of London. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Pakistani Terrorist Surrounded In Kashmir's Khanyar, Shootout Underway
Pakistani Terrorist Surrounded In J&K's Khanyar, Shootout Underway
Delhi's Air Quality Slightly Improves Post Diwali, Still Remains In 'Poor' Category
Delhi's Air Quality Slightly Improves Post Diwali, Still Remains In 'Poor' Category
'I Know My Limits': Chirag Paswan On Working In Bihar With CM Nitish Kumar As Ally
'I Know My Limits': Chirag Paswan On Working In Bihar With CM Nitish Kumar As Ally
'Bal Sant' Abhinav Arora 'Fails' To Answer Questions On Lord Krishna On Live TV — Watch The Viral Video
'Bal Sant' Abhinav Arora 'Fails' To Answer Questions On Lord Krishna On Live TV. Watch The Viral Video
Advertisement
ABP Premium

Videos

Diwali 2024: Akshardham Air Quality Deteriorates to Hazardous Levels Post-October 30Bihar's Air Turns Toxic: Fireworks Lead to Hazardous AQI Across Multiple DistrictsDiwali 2024: Fireworks Leave Delhi NCR and Jaipur Choking with Hazardous Air QualityDiwali 2024: Fireworks Turn Delhi's Air Toxic, Breathing Becomes a Struggle | ABP News
Embed widget