Big Fish Involved In Money Laundering Not To Be Spared: Shahzad Akbar

ISLAMABAD, (UrduPoint / Pakistan Point News - 12th Nov, 2018 ) :Special Assistant to the Prime Minister (SAPM) on Accountability Shahzad Akbar Monday vowed that the big fish involved in the money laundering would not be spared.

The Pakistan Tehreek-e-Insaf (PTI) government was taking measures to bring back the looted money stashed abroad, he said while talking to a private news channel.

Shahzad Akbar said now no body would be able to not hide the black money in foreign countries. Investigations were underway in collaboration with ten countries to curb the menace of money laundering.

He said some Rs 700 billion had been laundered abroad.

As regards Ishaq Dar, he said the National Accountability Bureau (NAB) was holding investigations against the former finance minister, who was hiding in London.

To a question, the SAPM said they had better working relationship with the National Crime Agency of the United Kingdom.

As far as an agreement with Switzerland was concerned, he said, Ishaq Dar was responsible for delay in inking the treaty.

To another question he said some Rs 100 billion was found in fake accounts.

He said notices had been issued to the people having illegal accounts or involved in money laundering activities.

A former prime minister and some ministers of the past governments, he said, had been found involved in Iqama cases. Replyin a query, Shahzad Akbar said some vendors, shopkeepers and others had been identified, who had fake accounts.