currency dealing inside fake accounts exceeds 400 billion rupees

[HAIDER]

Arynews.... who own these fake accounts?. It getting bigger and bigger day by day.Now Zardari joining all parties to topple PTI.

 

[Maxpane]

 

[HAIDER]

Correction: after today hearing in Supreme Court , record fake account transaction exceeds 400 billion rupees. WTF is going on in Sindh ................

 

[Kabira]

What is all this drama of fake accounts having billions? If they are fake then why PTI doesn't transfer that money to government account?

Correction: after today hearing in Supreme Court , record fake account transaction exceeds 400 billion rupees. WTF is going on in Sindh ................

bc rs 400b to punjab ka development budget nai hai is sal thanks to PTI. This all sound very fishy to me. Hard to believe these figures.

 

[HAIDER]

What is all this drama of fake accounts having billions? If they are fake then why PTI doesn't transfer that money to government account?



bc rs 400b to punjab ka development budget nai hai is sal thanks to PTI. This all sound very fishy to me. Hard to believe these figures.

First it start from 2010 to 2015 , this amount only from 2015 to 2018. This is huge, extremely huge corruption. Wonder why Zardari start crying .PTI is unable to do anything, Sindh govt is not cooperating . Plus, as you can listen , they are playing Sindh card. PTI is avoiding ,they know PPP might play Sindhi Punjabi card.

 

[Hakikat ve Hikmet]

Looks like gifts from heavens for Imran Bey!!! Who knows where it’ll end!!

 

[Yaseen1]

such amount if not laundered was enough to start constructing a big dam

 

[somebozo]

What is all this drama of fake accounts having billions? If they are fake then why PTI doesn't transfer that money to government account?



bc rs 400b to punjab ka development budget nai hai is sal thanks to PTI. This all sound very fishy to me. Hard to believe these figures.

these are total transaction volumes...if you withdraw and deposit your 1 lac in the same account 12 times it would become a 12 lac debit and 12 lac credit transaction of total 24 lac. It does to mean the total money in this amount..just the turn over.

 

[PakSword]

these are total transaction volumes...if you withdraw and deposit your 1 lac in the same account 12 times it would become a 12 lac debit and 12 lac credit transaction of total 24 lac. It does to mean the total money in this amount..just the turn over.

You are right.. But a money launderer doesn't do that. Once the money is in banking system, it is not taken out and then deposited again..

The money is sent to overseas accounts to pay the fake import bills usually.

A friend of mine in Dubai, who works in a Pakistani bank, was telling me that Pakistani banks abroad support Indian money launderers, and Indian banks support Pakistanis..

There are fake inter port transfers which are shown as a supporting when money is accepted by the bank.

Very complicated process.. but it is happening.. and the volume is not just 10 billion dollars (as UN said), it might be much more than that..

such amount if not laundered was enough to start constructing a big dam

Probably laundered already.. The money is not kept in the account once it enters the banking system.. So yes, we have already lost the money.

 

[PakGuns]

C

these are total transaction volumes...if you withdraw and deposit your 1 lac in the same account 12 times it would become a 12 lac debit and 12 lac credit transaction of total 24 lac. It does to mean the total money in this amount..just the turn over.

For real? If you are business student you would know what a transaction means, lol... debit and another acc credting against the former is complete transaction and the way you have calculated a big round of applause. Bcz that's not the scale of stupidity state bank follows.m

 

[Pakistansdefender]

Th

What is all this drama of fake accounts having billions? If they are fake then why PTI doesn't transfer that money to government account?



bc rs 400b to punjab ka development budget nai hai is sal thanks to PTI. This all sound very fishy to me. Hard to believe these figures.

These money has been transfered to overseas accounts through these fake accounts. The money no longer exists in these fake accounts otherwise they might have took it back.

 

[Kabira]

First it start from 2010 to 2015 , this amount only from 2015 to 2018. This is huge, extremely huge corruption. Wonder why Zardari start crying .PTI is unable to do anything, Sindh govt is not cooperating . Plus, as you can listen , they are playing Sindh card. PTI is avoiding ,they know PPP might play Sindhi Punjabi card.

What sindhi card, do you think everyone in Sindh support corruption? There should be concrete proof before arresting any bigwig. Zardari already spent 10 years in jail and then was given clean chit by courts. This is one the things FATF team pointed out. Will NAB/FIA/Courts get bottom of this or this will be used to just blackmail political opponents by establishment?

 

[PakSword]

C

For real? If you are business student you would know what a transaction means, lol... debit and another acc credting against the former is complete transaction and the way you have calculated a big round of applause. Bcz that's not the scale of stupidity state bank follows.m

What he meant to say (as I understood) that money was transferred from one account to the other account and then from that account to a different account... And then to other accounts. So he is right when he assumed that.

But what I am thinking is that once the money is in the banking system, there is no need to further transfer it in the same country.

 

[FalconStar]

What sindhi card, do you think everyone in Sindh support corruption? There should be concrete proof before arresting any bigwig. Zardari already spent 10 years in jail and then was given clean chit by courts. This is one the things FATF team pointed out. Will NAB/FIA/Courts get bottom of this or this will be used to just blackmail political opponents by establishment?

It's so surprising how all PMLN supporters have now started to defend Zardari so vehemently as well.
Weren't you guys going to take back all the "loota huwa paisa and drag him in the streets".
Your hypocrisy is so evident, first your leaders reveal it by doing an alliance with the party they have been fighting against for decades or so it seemed and now all the followers are revealing themselves by following their masters orders.

 

[RangeMaster]

400 billion is a small amount in this case. It will reach trillions of Rupees. Yesterday Dr Shahid Masood said it already crossed 1000 billion Pkr.