LAHORE: The Supreme Court of Pakistan was told on Tuesday that Rs4,000billion have been transferred out of the country illegally.
A three-member bench of the apex court was hearing the suo motu case ofPakistani citizens who had foreign bank accounts and assets.
The bench was headed by Chief Justice of Pakistan Mian Saqib Nisar andincluded Justice Umar Ata Bandiyal and Justice Ejazul Ahsan.
During the hearing, the court expressed dissatisfaction over a report ofthe State Bank of Pakistan in relation to the case of assets of overseasPakistanis.
State Bank governor, finance secretary and Federal Board of Revenuechairman appeared before the court.
The SBP governor said that investigating the transfer of money illegallywas the task of FIA.
Justice Umar Bandiyal remarked that the apex court will not interfere inthe issue of the amnesty scheme.
The CJP said that for the putting the country’s economy on the right track,think-tanks should be utilised and the platform of Law and JusticeCommission was present.
In the previous hearing, the SC in its order to the SBP had stated thatdetails of all transactions above $50,000 should be submitted to the court.