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2020-08-26 India-Pakistan
NA approves new bill against money laundering amid opposition's protest
[DAILYTIMES.PK] The National Assembly on Monday approved Anti-Money Laundering (Second Amendment) Bill, 2020, amid strong protest by the opposition parties.

The bill was tabled in the Lower House by Adviser to PM on Parliamentary Affairs Babar Awan and was opposed by Jamaat Ulema-e-Islam
...a Pak religious party. It is usually part of the govt, never part of the solution...
-Fazl (JUI-F), Pakistain People’s Party (PPP) and Pakistain Moslem League-Nawaz (PML-N).

Speaking on the occasion, Babar Awan said that they would not tolerate any hindrance over legislation on matters pertaining to the national interest. He further offered the opposition to sit together to bring more transparency on the role of authority tasked to make arrests under the law.

Special Assistant to PM on Accountability Shahzad Akbar said that they have made an amendment in the anti-money laundering bill passed in 2007 in order to get Pakistain out from the grey list of the Financial Action Task Force (FATF). "We took opposition parties into confidence over every amendment and accepted their proposals for bringing improvement in the bill," he said. However,
some people cause happiness wherever they go; others whenever they go...
he said, certain amendments which the opposition demanded particularly benefit the opposition leader in National Assembly.

Speaking on behalf of the opposition parties, former prime minister and PPP politician Raja Pervaiz Ashraf said that they had proposed certain amendments in the bill, especially regarding its Section 10. "We are against the power of arrest in the bill," he said, adding that such powers could give anyone the authority to make arrests without prior approval of arrest warrants.

He said that under the law, NAB is tasked to deal with anti-money laundering cases. "Even the apex court has termed the NAB’s performance as unsatisfactory," he said, while terming it a black law and opposing its passage from the National Assembly.

Mohsin Ranjha of the PML-N made it clear that the opposition could not make any point scoring over this important bills but suggested that it might be passed through consensus.
Posted by Fred 2020-08-26 00:00|| || Front Page|| [11130 views ]  Top
 File under: Govt of Pakistan 

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