'Billions of dollars stashed by Pakistani Generals, officials in Swiss Bank'

A leak of data from a leading Swiss bank has revealed information about 600 accounts linked to 1400 Pakistani citizens media reports said on February 20Accountholders include several key politicians and generals including the exISI chief General Akhtar Abdur Rahman Khan according to data leaked from Credit Suisse an investment banking firm registered in SwitzerlandA report published in The New York Times said Khan helped funnel billions of dollars in cash and other aid from the United States and other countries to the mujahedeen in Afghanistan to support their fight against the Soviet UnionThe Saudi Arabian and US funding for mujahideen fighters battling Russias presence in Afghanistan went to the American Central Intelligence Agencys CIA Swiss bank account the Dawn newspaper reported citing an Organized Crime and Corruption Reporting Project OCCRP reportThe end recipient in the process was Pakistans InterServices Intelligence group ISI at the time led by Akhtar the publication quoting the report saidThe average maximum balance in accounts held by Pakistanis was 442 million Swiss francs The News International newspaper reportedThe Pakistani publication further noted that several politically exposed persons didnt mention these accounts which they opened at a time when they were holders of public office in their assets declaration submitted to the Election Commission of PakistanThe latest leaks follow the socalled Panama Papers in 2016 the Paradise Papers in 2017 and the Pandora Papers of last year A selfdescribed whistleblower leaked data on more than 18000 bank accounts collectively holding more than 100 billion to the German newspaper Suddeutsche Zeitung reported The New York TimesFurther revelations are expected in the upcoming days as more information about the leak becomes publicEarlier in January Pakistan ranked 140 out of 180 on Corruption Perception Index CPI 2021 by Transparency International losing 16 spots over the previous yearThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever