ISLAMABAD: In a worst blow to former PM Nawaz Sharif the NationalAccountability Bureau (NAB) has ordered an inquiry against former primeminister Nawaz Sharif and others for allegedly laundering $4.9 billion toIndia.
According to a NAB statement, the chairman of the bureau has taken noticeof media report which made the claims.
According to the media report, this incident is mentioned in the WorldBank’s Migration and Remittance Book 2016.
However, details of the media report in question have not been mentioned inthe statement.
The statement claims that the amount was laundered to the Indian financeministry after which Indian foreign exchange reserves witnessed an increaseand Pakistan suffered as a result.