SBP freezes 129 bank accounts being used to facilitate terrorists

ISLAMABAD (Web Desk) – State Bank of Pakistan (SBP) has frozen at least 129 bank accounts that are being used to facilitate terrorists.

Talking to media after the meeting of National Assembly Standing Committee on Finance, State Bank officials said that the bank froze at least 121 accounts under United Nation’s resolution while 8 accounts were frozen under anti-terrorism measures and around 1.5 billion rupees have also been confiscated from these accounts.

During the meeting, Pakistan Peoples’ Party Member of National Assembly (MNA) Nafeesa Shah raised the question that how can Federal Bureau of Revenue (FBR) declare an owner of a company as ‘RAW’ agent. She said that FBR has no mandate to declare anyone the agent of RAW or any such agency.

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