Pakistan launches first-ever probe against a Chinese firm in a money laundering case

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August 31 2017

Pakistan has launched the first- ever probe against a Chinese firm in a high-profile money laundering case, according to a media report.

Securities and Exchange Commission of Pakistan (SECP) yesterday forwarded the request to Federal Investigation Agency (FIA) after pressed both by Pakistan and Chinese officials.

Dawn reported that the case is among the most complicated issues faced by the SECP and the commission has remained secretive about the matter for a long time.