Thursday, 24 May, 2018

World Bank denies reports that Nawaz Sharif laundered $4.9 billion to India

PM Shahid Khaqan Abbasi in the NA PM Shahid Khaqan Abbasi in the NA
Glenn Montgomery | 16 May, 2018, 15:03

The investigation had revealed that three out of four offshore companies set up by his children in the British Virgin Islands owned at least six upscale properties overlooking London's Hyde Park.Imran also stated in his tweet that the former prime minister was not only adamant on destroying government institutions like the Supreme Court, Pakistan Army and National Accountability Bureau, but had also come down to putting future of Pakistan at stake.

It said that the bureau's press release was based on a media report which had referred to the World Bank's Migration and Remittance Fact Book Report 2016 alleging the sending of $4.9bn to India.

Abbasi said he also held a meeting with Sharif after the NSC meeting and asserted that Sharif did not say what was reported in the media about the Mumbai attack.

Chairman Justice (r) Javed Iqbal on Wednesday asked the National Assembly's Standing Committee for Law and Justice to excuse him from today's appearance after he was summoned to explain the initiation of an inquiry against former prime minister Nawaz Sharif over bogus media reports that pertained to money laundering. He has denounced non-state actors for crossing the border and killing people in Mumbai.

Soon after the SBP's clarification, NAB issued a brief statement and questioned: "If the World Bank report is not correct, why they have not changed the figure of 4.9 billion dollars from Pakistan in its report?" "What did I say that was wrong in the interview (to Dawn newspaper)?" "Why can't we complete the trial?", Sharif said, according to Dawn. He said those wishing to go for the formation of a truth and reconciliation commission may do so but must keep in view the national interest.

It also asked the Prime Minister if he would show the courage to ensure that the trail of 26/11 is either held under the guidance of worldwide agencies or they are handed over to India.

Former Pakistani Prime Minister Nawaz Sharif, on Saturday, ruffled more than a few feathers when he openly acknowledged that militant organisations operative in Pakistan, crossed the border to "kill" people in Mumbai, in an apparent reference to the 26/11 attacks in Mumbai.

The prime minister said a person who made the Country an atomic power was being labeled as a traitor.

He said, "I reject the NSC's May 14 statement as it is based on misperception..."

"Today Nawaz Sharif stands exposed before the nation".

Abbasi said this while talking to senior journalists after an emergency meeting of the National Security Committee (NSC) - Pakistan's top civil-military body - that condemned Sharif's "fallacious" statement and termed it as "incorrect and misleading".

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