Pakistan Money Laundering
Pakistan's anti-graft body claims to have solid evidence of money laundering by high-profile people
Islamabad/IBNS: Pakistan's anti-graft body, National Accountability Bureau (NAB), has claimed it has concrete evidence of money laundering of billions of rupees using fake accounts by notable personalities, according to media reports.
Pak daily The News International reported quoting the NAB chairman Justice (retired) Javedax Iqbal that the high-profile money laundering had been done by opening multiple fake accounts in the names of 'falooda wala', 'chhabri wala', 'paper wala' etc.
"The learned accountability courts in which the NAB had filed references against accused persons are the relevant authority to decide about the innocence of any accused person as per law," Javedax Iqbal was quoted as saying by The News International.
The NAB chairman said Pakistan's anti-corruption agency will carry out its duties in an unbiased manner, without paying heed to any media report or propaganda, and the bureau is entrusted to solve cases on logical conclusion and hence the corruption cases will be looked into considering all the sources according to law.
The Pak media outlet reported the NAB has already set up a Combined Investigation Team (CIT), including services of director, additional direction, investigation officer, legal counsel and experts of the monetary and land revenue department.
The NAB, which claims to be the focal institution in Pakistan under the United Nations (UN) Convention against corruption, has reportedly recovered Rs 538 billion from Oct 2017 till Oct 2021.
"Pakistan is the only country with whom China has signed an Memorandum of Understanding (MoU) for eradication of corruption," NAB chief quoted as saying by The News International.
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