• Friday, April 19, 2024

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World Bank denies former Pakistan prime minister Nawaz Sharif laundered $5 billion to India

By: Keerthi Mohan

The World Bank has denied media reports former Pakistan prime minister Nawaz Sharif laundered $ 4.9 billion to India. “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,” the World Bank said in a statement. The World Bank’s Remittances and Migration Report neither mentions money laundering nor does it name any individual, the World Bank added. The financial institution also pointed to a 2016 press release issued by the State Bank of Pakistan that refuted claims that $4.9 billion was transferred from Pakistan to India. Media…

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