Pakistan

ISLAMABAD – The National Accountability Bureau (NAB) has clarified its orders regarding probe against former prime minister Nawaz Sharif were initiated on the basis of media reports.

The anti-corruption watchdog on Tuesday ordered an inquiry against the former PM and others for allegedly laundering $4.9 billion to India.

According to a NAB statement, the chairman of the bureau took notice of media report which built up the money laundering claims citing a World Bank report.

NAB launches inquiry into allegations against Nawaz Sharif, others of laundering $4.9b to India

“NAB rejects the impression that its objective was victimization or hurting someone,” said the statement issued by the anti-graft body.

“The bureau does not believe in taking revenge, but it is determined to eliminate corruption from the country without discrimination,” the stament added.

The NAB further says the bureau decided the complaint verification over the said media report and disclosures as the NAB is authorized to investigate money laundering as per the law.

World bank Refutes Claims

The World Bank rubbished the claims ascertained to the monetary institute by the anti-corruption body, terming them false.

“In the past day, there have been media reports citing the World Bank’s Remittances and Migration Report of 2016. These media reports were incorrect,” read a press release issued by the bank.

World Bank quashes reports of money laundering by Nawaz Sharif

“The World Bank’s Remittances and Migration Report is an effort by the World Bank to estimate migration and remittances numbers across the world. The report does not include any mention of money laundering nor does it name any individuals,” it added.

NAB’s probe amounts to ‘pre-poll rigging’

Prime Minister Shahid Khaqan Abbasi asserted earlier today that NAB’s recent decision to launch a money-laundering probe against Nawaz amounts to “pre-poll rigging”.

While speaking in the National Assembly, the premier remarked that a serious allegation has been leveled against the former prime minister.

The premier in his rare outburst alleged that the institution had overstepped its domain adding that the country will not function if the institutions will work in this fashion.

PM Abbasi proposes summoning NAB chief over ‘flawed’ money-laundering report

“It is our right and obligation to discuss such issues in the Parliament. The truth should be brought out before the people,” he declared.

Abbasi also pointed out that the National Assembly still has time to amend the NAB laws.

He also mentioned the graft-cases currently being heard by the accountability court in Islamabad, saying they (PML-N) was not expecting justice.