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Pakistan to ink agreement with Switzerland to curb money laundering

ISLAMABAD (Muslim Times) – Pakistan is all set to sign agreement with Switzerland aimed at curbing the illicit and clandestine practice of money laundering, federal minister for information and broadcasting Fawad Ch told media on Saturday.

As per details garnered, authorities will have access to accounts of Pakistanis present in the mountainous Central European country.

The agreement will be signed in Geneva.

Fawad added that federal govt will 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.

Talking exclusively to Dunya News, Fawad revealed that anti-graft agencies have tighten noose around Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari. He said, “It would be immensely difficult for Zardari to abscond legal proceedings in connection with money laundering investigation”.

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