Over Rs 10,000 crore laundered through fake bank accounts: JIT to Pakistan SC

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October 23 2018

Over Rs 10,000 crore were laundered allegedly through fake bank accounts, mostly of poor people, the joint investigation team probing the scam has informed the Pakistan Supreme Court, a media report said.

The Joint Investigation Team (JIT), which submitted its second report in the case to the apex court on Monday, said that what started as fictitious bank accounts evolved into an extremely complicated scam of money laundering crossing Rs 100 billion, the GeoNews reported.