Pakistan is all set to sign an agreement with Switzerland aimed at curbing the illicit and clandestine practice of money laundering, Information Minister Fawad Chaudhry told the media on Saturday.
As per details garnered, authorities will have access to accounts of Pakistanis present in the central European country.
The agreement will be signed in Geneva.
Fawad added that federal government would ink agreements with several other European and Middle East nations for the same purpose. He renewed commitment to curb money laundering and vowed effective legislation in this regard.
He said that anti-graft agencies had tightened noose around Pakistan People’s Party (PPP) co-chairman Asif Ali Zardari. “It would be immensely difficult for Zardari to abscond legal proceedings in connection with money laundering investigation.”
Published in Daily Times, September 30th 2018.
