'Govt implementing mechanism to wipe out money laundering': Hammad Azhar

MG News | October 30, 2019 at 10:27 AM GMT+05:00

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October 30, 2019: Minister for Economic Affairs, Hammad Azhar has said that the government is implementing a mechanism to wipe out money laundering and suspicious transactions.

Talking to a private news channel, he said the inter-agency mechanism has already been established to check terror financing investigations, suspicious transactions and non-profit organizations.

About Financial Action Task Force, he welcomed China's stance on the issue saying that Beijing has given a positive statement regarding Pakistan's working on FATF.

He said a secretariat for looking into the mattes of FATF has been constituted in Islamabad and the best civil officers and supporting staff will be appointed in the team of secretariat.

Hammad Azhar said Indian sinister designs to push Pakistan into negative list of FATF have been exposed.

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