Global offshore money maze
All responsible governments in recent years have shown commitment to retrieving looted money by their citizens, but in Pakistan the PPP-led government during its five-year-tenure (2008-2013) acted as the main…
An interesting crossroads
The phrase ‘may you live in interesting times’ is a Chinese curse heaped on an enemy. Frederic Coudert quotes an unknown British diplomat in 1936: “No age has been fraught…
‘A harmful trend in banking sector’
Apropos editorial 'A harmful trend in banking sector', I find it necessary to highlight some of the important and relevant missing links that need more attention and clarity. It seems…
Khoso’s tasks
The Federal Board of Revenue (FBR) is facing huge shortage in revenue collection despite resorting to all sorts of negative tactics and highhandedness, destroying the already fragile economy. The FBR…
Institutional pillage
`Fiscal Neanderthals`. This is how a friend used to describe the finance and FBR bureaucracy and their parliamentary `handlers` after each bout of resistance to tax reform and the introduction…
Bribing the citizenry
Nearly half of the American states have legalised the use of marijuana for medical purposes. Frustrated with the uncontrolled use of the illicit drug, Americans are now debating whether to…
Is land reform off the menu – I?
In a recent TV interview, Imran Khan, Chairman TI, has revealed that a great debate has been going on in his party regarding land reforms. However, the arguments and proponents…
An interim agenda
By any standards the interim government, whose outlines are now beginning to appear, has a heavy agenda and a light mandate. This is a bad combination. Here is some of…
PTI settles ideologically
Right-wing is used for being conservative and pro-rich in economic policy making as well as being conservative and pro-religion in social policy making. The ‘confused conservatism’, which was taken for…
FATF and AML compliance requirements
1. Legal Measures: Criminalization of Offences, Investigations and Prosecutions: FATF recommendations require Criminalization of money laundering through domestic legislation.1 The recommendations also provide to specify the scope of liability in…
