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World Bank denies reports of Nawaz Sharif laundering $5 billion to India

World Bank denies reports of Nawaz Sharif laundering $5 billion to India

The Ministry of External Affairs (MEA) on Thursday refused to comment on the media reports surfacing that Pakistan's former prime minister Nawaz Sharif laundered 4.9 billion dollars to India, saying, " This is something that former Pakistani Prime Minister Nawaz Sharif has to respond to".

"In the past day, there have been media reports citing the World Bank's Remittances and Migration Report of 2016. If an institution can make such allegations, then it must be investigated all that is happening in it", Abbasi said.

"NAB chairman should present all evidences they had against me within 24 hours".

"What has the NAB chairman done which is so wrong?"

He noted that general elections will be held in Pakistan in two months and the NAB is making allegations that the former premier was sending money to India. He said that the body was doing its job and will continue to do so in unveiling corruption in the country.

Warnock sets promotion record, revels in Cardiff City achievement
Last season, the clubs met twice in the Championship. "I didn't think we would get in the play-offs let alone the Premier League". There was another one after full time, when Cardiff's Malaysian owner, Vincent Tan , was carried on the shoulders of fans.

He said no statuettes of limitations were crossed by NAB, adding that the Bureau remained in its constitutional jurisdictions. "It is watchdog's primary duty to ask from guardians of national exchequer that where sum of money is spent", stating Iqbal while adding that NAB did not have enmity with any specific individual. "The situation right now is that we can't tolerate corruption any more", the NAB chairman said.

The World Bank also backed their claim with a statement issued by the Bank of Pakistan which rejected estimates of $4.9 billion in remittances from Pakistan to India on September 21, 2016.

Fawad Chaudhry said Nawaz Sharif accused PTI of forging a nexus with Pakistan People's Party (PPP); however, all appointments including the head of NAB had been made by his own Prime Minister Shahid Khaqan Abbasi and Khursheed Shah.

According to another report in the same newspaper, the Supreme Court has ordered the accountability court hearing the corruption references against the Sharif family to conclude its proceedings by June 9.

"This is shameless pre-poll rigging", the three-time Prime Minister asserted. Mr Sharif has dismissed the corruption charges as politically motivated.


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