Pakistan directed to include tax crime offenses in Anti-Money Laundering Bill

13 Jan, 2016 7:22 pm

ISLAMABAD (92 News) – To prevent terrorist financing, the International Monetary Fund (IMF) has on Wednesday directed Pakistan to include tax crime offenses in Anti-Money Laundering (AML) Bill.

According to a report released at the end of ninth review mission, the IMF’s Executive Board said that the transfer of black money to terrorists needs to be stopped to prevent terrorist financing.

Pakistan had assured the IMF board that tax crime offenses would be included in Anti-Money Laundering Bill, however, the finance ministry could not succeed in adding tax crime offenses in the bill.





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