Corruption Money of £190 million Transferred Legally In Pakistan.

For the first time in Pakistan, corruption money has been transferred legally involving a notable business tycoon of Pakistan. However, the operational details of the case which involves the transfer of £190 million cannot be shared since the government has signed a “Deed of Confidentiality” with the British government.

The British government, in Frozen Funds investigation, transferred the amount of £190 million to the Pakistani government. UK’s National Crime Agency (NCA) agreed to the settlement of the property.

Special Assistance on Accountability Shehzad Akbar said that the government of Pakistan is grateful to NCA for settling the matter legally. He also cleared the aim of the government saying, ” The main aim of the government is to bring the looted money back into the country.”

He also added that the government played an important role in the procedure providing legal assistance to NCA on the issue.

This agreement was settled with the family of the tycoon in London. This property was sold to tycoon’s son by the former Prime Minister Nawaz Sharif’s son Hussain Nawaz.

This settlement includes UK property worth £50 million and all the funds in the broken account.

Corruption Money of £190 million Transferred Legally In Pakistan.

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