Asad Umar vows to probe $200bln of ‘Pakistani money’ in Swiss banks

05 Aug, 2018 9:17 pm

ISLAMABAD (92 News) – Pakistan Tehreek-e- Insaf (PTI) leader and likely to be next finance minister Asad Umar vowed to investigate the matter of $200 billion of ‘Pakistani money’ in Swiss banks.

The upcoming finance minister of Pakistan promised to probe the Pakistani $200 billion money in the Swiss bank accounts. He said while talking in the 92 News programme “Breaking Views with Malick”.

Revealing the curtain from upcoming government plans, Asad Umar said that National Bank of Pakistan President Saeed Ahmed, who is involved in the money laundering, will also be removed from his post. The exclusive detailed interview will be telecasted after short a while in a “Breaking Views with Malick” programme.

Earlier, interview with an American international news service, Asad Umar estimated that the economy likely to need more than $12 billion to overcome financial crisis in Pakistan, with a decision on where to source the funds to be made within six weeks.

The upcoming finance minister said that Pakistan’s financing gap is somewhere between $10 billion to $12 billion, though the new government would need a bit extra so it does not live on the edge. Asad Umar vowed to make all Chinese agreements public after criticism of Beijing’s opaque Belt and Road loan terms.

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