President Dr Arif Alvi on Thursday while calling for probing 700 Pakistanis mentioned in the Pandora papers, questioned the justification of tax havens protected by the West.
He said after Panama and Paradise, now Pandora papers had confirmed that thousands of offshore companies used for money laundering of looted wealth.
On Twitter, he said, the 700 people linked to Pakistan must be investigated for illegality and source of money, adding that the plundered money must be brought back. “But what about these tax havens?,” he questioned.
The president said the tax havens protected by the West since more than a century, having a long history of hiding plundered wealth be it from the persecuted Jews, or from many countries including Pakistan, that runs into trillions of dollars seemed to be a “sophisticated scheme in the style of East India Company.”
He said Pakistan was cleaning its system to stop its wealth from going out and the FATF helped in this regard; however, “the receivers of our wealth have enriched themselves at the cost of poor of the world for too long.”
The president also quoted the verses of Allama Iqba’s anthology “Zarb-e-Kaleem” in which he said, “both are same looters small & big in dialogue between a pirate & Alexander.” Meanwhile, President Dr Arif Alvi Thursday said that Pakistan attached high priority to its relations with the United Kingdom and wanted to further expand bilateral relations in all areas of mutual benefit. The president, in a meeting with Lord Wajid Khan, at Aiwan-e-Sadr, briefed him about Pakistan’s smart lockdown policy that led to successfully containing the COVID-19 pandemic.
He also highlighted Pakistan’s successes against the war on terror during the last 20 years. Exchanging views on the situation in Afghanistan, the president also highlighted that Pakistan had extended humanitarian support to Afghanistan and facilitated the evacuation of over 12,000 Afghan and foreign nationals.
He informed that Pakistan was hosting about three million Afghan refugees for the last four decades, besides contributing to the reconstruction and development of Afghanistan.
President Alvi felicitated Lord Wajid on his elevation to the prestigious House of Lords. He added that his elevation to the House of Lords reflected the high regard the people and leadership of UK had placed in his vision.
The president appreciated Lord Wajid’s efforts for raising concerns about human rights violations of the people of the Indian Illegally Occupied Jammu and Kashmir (IIOJK).
