Pakistan’s Shehzad: corruption burdens banking sector

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Muhammad Shehzad, a deputy governor of the State Bank of Pakistan, on 5 October said the State Bank of Pakistan was cooperating with the country's National Accountability Bureau and lenders to eliminate corruption in the banking industry.

At a seminar Karachi, Shehzad said: "In Pakistan, corruption is a major cause of concern in [the] majority of public sector organisations. [It] has weakened their strength and efficiency and thus they have become a burden on the exchequer."

Shehzad said

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