SBP autonomy to deter probe into ‘hot money scandals’

Lahore: PML-N’s Member of National Assembly (MNA) Ahsan Iqbal lashed out at the government on Thursday for ” giving autonomy to the State Bank of Pakistan (SBP) under the IMF deal”. He also claiming that such a scheme would stave off the central bank from investigating the hot money scandals that would come to light in future. He also claied that in Pakistan “the prospective changes will give the SBP governor the position of a viceroy who will not be answerable to any Pakistani institution but will be answerable to the IMF.”

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