Prime Minister chaired a meeting in Islamabad on Monday to review progress on measures taken for the effective stoppage of money laundering in the country.

He said money laundering is an evil which caused an irreparable loss to the country economy and directed to further activate financial monitoring units across the country.

During the meeting Prime Minister was briefed that about the 247 million Rupees fine to different banks in fake accounts has been imposed and investigation against 109 officers is in progress.

The meeting was also briefed about steps being taken to trace out suspects.

It was briefed to the Prime Minister that memoranda of understandings are being signed with UK, Australia, UAE, Qatar, to enhance information in financial intelligence sharing.

26341