Pakistan's largest private sector bank HBL facilitates terror financing with the help of Al-Qaeda.

 

Islamabad [Pakistan], (ANI):

According to media reports, the bank aided and promoted al-Qaeda terrorism and was involved in plotting attacks that killed or injured 370 people in Afghanistan between 2010 and 2019.

However, the bank said it is fighting the allegations "very vigorously" in a US court.

Pakistan has already been on the gray list of FATF since 2018 for suspicious financial transactions. Now this report can cause huge losses to Pakistan. The share price of HBL on Thursday closed at Rs 75.36, down 7.50 per cent or Rs 6.11 from the maximum permissible limit in one day with 1.83 million shares trading on PSX. (ANI)

 

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