NAB Okays probe against 3 forex companies
Updated at: 1430 PST, Thursday, November 13, 2008
ISLAMABAD: National Accountability Bureau (NAB) has given a go ahead to an inquiry into the allegations regarding illegal business and money laundering against three forex companies.
The Securities and Exchange Commission of Pakistan (SECP) has sent the inquiry case of Kinashi Enterprise, AR Enterprise and Ahsan Enterprise to NAB.
The NAB approved a thorough investigation into the allegations regarding three companies’ involvement in corrupt practices and money laundering.
The three companies are facing allegations of being involved in illegal transfer of 50 million dollars and money laundering.