Recent estimates of the amount of illicit cash channelled through bogus bank accounts by organised crime have been as high as $1,500bn £1,060bnn) a year, roughly the equivalent of France's GDP.
According to local newspapers he has told investigators that he used to bring Mr Sanader large bags of cash channelled from public companies that the pair indirectly controlled via a public-relations company to which they had directed a lot of government business.Mr Sanader firmly denies these allegations.
It would require virtually all of the cash the channel generates just to pay off the interest on the $2.1 billion in debt, despite a strong credit rating.
Under the deal, more state cash was channeled to the region for job training and militant groups were handed contracts to protect the pipelines they once bombed.
The cash assistance, channelled through 20,000 savings accounts for mothers and children aged 10 17, is intended to promote savings for children's education, health and nutrition.
KARACHI — With more than 90 cash-strapped channels competing for the attention of 40 million viewers daily, it's not surprising that Pakistan's independent media producers resort to sensationalism to boost ratings.
It also restricts contributions by county and municipal party organizations, which often channel cash to candidates elsewhere, and prohibits the transfer of money from one county to another.
Another company in Subaskaran Allirajah's business empire is under investigation in Sri Lanka, over allegations it was used to channel cash to the former president.
In March 2010, she was among several MPs caught agreeing to use their position to influence government policy for cash in a Channel 4 Dispatches and Sunday Times sting.
Listen to the vitriol emanating from the bank and it is tempting to give up on this troubled place and find another way to channel cash to the world's poor.
