Probe on ex-Pak PM Sharif for laundering $4.9 bn to India
Pakistan's National Accountability Bureau has launched a probe into allegations that former PM Nawaz Sharif and others laundered $4.9 billion to India. The money was allegedly laundered to the Indian Finance Ministry after which India's foreign exchange reserves registered a surge while Pakistan's reserves decreased. Sharif was disqualified as PM last year after he was found guilty of corruption.