PM to take strict measures to efface money laundering practices

February 20, 2019: Prime Minister Imran Khan Wednesday said that money laundering posed a serious threat to the country which called for drastic measures.

He also directed all the stakeholders to double their efforts in countering the money laundering practices by ensuring that criminals indulged in such practices should not go scot-free.

The Prime Minister was chairing a high level meeting to review progress on the efforts being made to curb money laundering, a PM Office Media Wing press release said.

Law Minister Dr. Farogh Naseem, Special Assistant to PM on Accountability Shehzad Akber, Director General ISI Lt Gen Syed Asim Munir Ahmed Shah, Secretary Interior, Chairmen Federal Board of Revenue (FBR), Director General Anti-Narcotics Force (ANF), home secretaries and other senior officers attended the meeting.

The Prime Minister observed that personal coffers were filled abroad through illegal practice of money laundering, which had not only seriously harmed the country, but also sent the nation into quagmire of debts. The people involved in money laundering did not deserve any concession, he added. 

The secretary interior briefed the Prime Minister about the progress on the steps taken so far to check money laundering.

He also briefed about the administrative and legislative steps being taken specifically regarding money laundering.

(APP)