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Money Laundering

Task Force working on money laundering cases

ISLAMABAD: Advisor to the Prime Minister on Accountability, Barrister Shahzad Akbar said a task force was working on money laundering issue which would be helped by various other institutions to identify elements involved in this activity.
The first meeting of the task force was held to review the money laundering cases, he said talking to a private news channel.
Different departments including foreign affairs, Federal Bureau of Revenue (FBR), Federal Investigation Agency (FIA) and others would help the task force in identifying the elements involved in money laundering activities, he added.
Appreciating the speed of work of the present government, he said the PTI government had conducted the two cabinet meetings soon after coming into power and took the bold decisions for streamlining the system.
To a question, he said the PTI government had a strong will to bring the looted money back.
He added that FBR would have access or information from a hundred countries about transactions of Pakistani people.
To another question about Pakistan’s Ambassador to the United States, he said those having allegations or evading NAB, or involved in any case or absconders, would have to face the cases in Pakistan.

 

 

 

 

 

 

 

 

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.