The National Accountability Bureau of Pakistan has ordered an inquiry into allegations that former Prime Minister Nawaz Sharif and others allegedly laundered $4.9 billion (approximately Rs 328 billion) to India, reported ANI.

A statement released by the bureau said its chairman took note of a media report that made the claims, reported Geo News. According to the media report, the money laundering incident is mentioned in the World Bank’s Migration and Remittance Book 2016. However, the statement does not elaborate on the report.

The statement mentions that the money was laundered to the Indian finance ministry after which Indian foreign exchange reserves witnessed an increase but Pakistan’s suffered, reported Geo News.

Sharif quit in 2017 after the Supreme Court disqualified him from his post because of corruption charges against him and his family members in the Panama Papers case.