Wednesday, December 7, 2022

PM’s adviser slams PML-N's Ahsan Iqbal for lying about clause in AML bill

PM’s adviser slams PML-N's Ahsan Iqbal for lying about clause in AML bill
ISLAMABAD (92 News) - Slamming PML-N leader Ahsan Iqbal for lying about clause in the anti-money laundering bill (AML) bill, Adviser on Accountability Shahzad Akbar clarified that the federal government did not introduce any clause in the AML bill for the detainment of more than 170 days. In a video message on his Twitter, the adviser said that Ahsan Iqbal once again misguided nation about the inclusion of a clause for non-bailable detainment of an accused person for more than 170 days. Shahzad Akbar revealed that no clause had been introduced in the AML bill for even a single day of detainment regardless of Ahsan Iqbal’s allegations for 170-day captivity. “I am challenging Ahsan Iqbal to hold a clause-wise debate on the legislation; the nation will know the truth [of your allegations]. In the light of written recommendations of FATF [Financial Action Task Force’s], the government is amending the laws to make AML Act 2010 more clear by defining beneficial owner and increasing reporting points,” he maintained. The adviser also explained that legal requirements are the AML Act 2010 being fulfilled as the amended laws will increase jail term up to 10 years from five years. He revealed that the opposition had tried to completely end the role of the National Accountability Bureau (NAB) from AML-related cases.