11-13-2008, 08:22 AM
<b>Bomber hits sport ceremony; 3 killed</b>
<b>$4bn sent abroad âlegallyâ</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->SLAMABAD, Nov 11: The âlegalâ transfer outside Pakistan of over four billion dollars in the last few months, or the so-called flight of capital from the country, through normal banking channels or authorised dealers, was made possible because of an amendment made in the foreign exchange law during the previous regime and which, besides the central bank officials, was in the knowledge of only a few powerful individuals.
<b>Successive governments, particularly the one led by Shaukat Aziz, remained so secretive about the change made in the law </b>in 2003 that during all this period neither the finance ministry nor the State Bank of Pakistan posted it on its website<!--QuoteEnd--><!--QuoteEEnd-->
<b>$4bn sent abroad âlegallyâ</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->SLAMABAD, Nov 11: The âlegalâ transfer outside Pakistan of over four billion dollars in the last few months, or the so-called flight of capital from the country, through normal banking channels or authorised dealers, was made possible because of an amendment made in the foreign exchange law during the previous regime and which, besides the central bank officials, was in the knowledge of only a few powerful individuals.
<b>Successive governments, particularly the one led by Shaukat Aziz, remained so secretive about the change made in the law </b>in 2003 that during all this period neither the finance ministry nor the State Bank of Pakistan posted it on its website<!--QuoteEnd--><!--QuoteEEnd-->