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Senate passes bill to set up authority to counter money laundering, terror financing

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Senate passes bill to set up authority to counter money laundering, terror financing

 In yet another hasty decision, the Senate on Friday passed a bill to set up an authority to counter money laundering and terror financing despite opposition by some senators.

The “National Anti-Money Laundering and Counter Financing of Terrorism Authority Bill” was tabled in the Senate by State Minister for Foreign Affairs Hina Rabbani Khar. 

The draft says the proposed authority will be headed by a chairman and will consist of the federal secretaries for finance, foreign affairs and interior; the State Bank of Pakistan governor, chairpersons of the Securities and Exchange Commission of Pakistan, National Account­ability Bureau and Federal Board of Revenue; directors general of the Federal Investigation Agency, Anti Narcotics Force and Financial Monitoring Unit; national coordinator of the National Counter Terrorism Authority (Nacta); and chief secretaries of all four provinces, Azad Kashmir and Gilgit-Baltistan. 

Most of these officials were also part of Nacta formed in 2008. The authority remained dormant for years as it could not convene its meetings because of the unavailability of members. 

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According to the new legislation, the authority can convene meetings on the requisition of the chairman or half of its members. 

A day earlier (Thursday), the National Assembly passed the National Anti-Money Laundering, Counter Financing of Terrorism Authority Bill 2023 to avoid the Financial Action Task Force (FATF) grey list again. The Lower House also passed six government bills during Thursday’s session.

Minister of State for Foreign Affairs Hina Rabbani Khar told the house that the legislation was of immense importance and, if properly enforced and implemented, it would make sure that Pakistan did not see the FATF grey list again. 

Khar said the bill envisages the establishment of a National Anti-Money Laundering and Counter Financing of Terrorism Authority.

Other government bills which sailed through the house were ‘The Protection of Journalists and Media Professionals (Amendment) Bill, 2023’, ‘The Press, Newspapers, News Agencies and Books Registration (Amendment) Bill, 2023’, ‘Pakistan Civil Aviation Bill, 2023’, the ‘National Logistics Corporation Bill, 2023’, ‘The Gun and Country Club Bill, 2023’ and the ‘Pakistan Air Safety Investigation Bill, 2023’.

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Interior Minister suspends Lahore’s passport office officials over corruption allegations

Interior Minister suspends Lahore’s passport office officials over corruption allegations

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Interior Minister suspends Lahore's passport office officials over corruption allegations

Federal Interior Minister Mohsin Naqvi has taken decisive action against corruption within the passport office Garden Town Lahore, suspending both the director and assistant director.

He has also directed a stern action against the culprits and to issue charge sheet against them soon.

Interior minister conducted a visit to the passport office on Monday, where he encountered evidence of bribery, delays and the influence of agent mafias in passport processing on complaints from citizens.

During his visit, citizens presented proof of payments to agent mafias for expediting passport applications, lamenting that corruption was rampant throughout the office, from security personnel to administrative staff.

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When questioned, passport office officials failed to provide satisfactory explanations, leading Naqvi to express his frustration and blame the administration for the corruption.

Asserting the government’s responsibility to facilitate citizens and address their grievances, Naqvi emphasized the need to tackle technical issues and corruption in passport issuance.

He assured citizens that while resolving these issues might take time, passports would eventually be issued efficiently, citing the suspension of incompetent office holders as a step towards reform.

Issuance of driving licences for higher education students

Interior minister announced plans to streamline the process of obtaining driving licenses for college and university students by enabling them to acquire licenses with the assistance of their teachers, eliminating the need for office visits. 

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Naqvi pledged to provide at-home services for individuals aged 70 or older seeking driving licenses.

In his commitment to improving urban infrastructure, Naqvi vowed to take disciplinary action against those failing to provide adequate parking facilities outside buildings. He also emphasized the importance of implementing signal-free traffic systems to alleviate congestion.

Interior Minister Mohsin Naqvi underscored his determination to combat drug trafficking and remove encroachments from Islamabad.

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SIC’s Hamid Raza advises PTI to quit assemblies

SIC’s Hamid Raza advises PTI to quit assemblies

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SIC's Hamid Raza advises PTI to quit assemblies

 Sunni Ittehad Council (SIC) head Sahibzada Hamid Raza advises the Pakistan Tehreek-e-Insaf (PTI) to once again resign from the assemblies. 

In a statement on social media site ‘X’, he said the PTI leadership needed to resign from the assemblies and take to the street to get justice. 

Sahibzada Hamid Raza said the party members would quit assemblies if the PTI founder could not get justice. “I will be the first person to resign from the National Assembly for the PTI founder,” he added. 

It may be noted that the PTI took out a rally – “release PTI founder march” – from Karachi to Sukkur under the leadership of Haleem Adil Sheikh and Shoaib Shaheen.

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Pakistan Saudi Arabia’s priority for investment, trade: Saudi minister

Pakistan Saudi Arabia’s priority for investment, trade: Saudi minister

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Pakistan Saudi Arabia's priority for investment, trade: Saudi minister

 Prime Minister Shehbaz Sharif says Pak-Saudi economic ties have entered a new era with bilateral trade volume poised for significant increase due to steps taken in this regard.
He was talking to Saudi Minister for Commerce Majid al Kasabi who called on him in Riyadh on Monday, on the sidelines of World Economic Forum meeting.
The prime minister said the Special Investment Facilitation Council of Pakistan was fully active in promoting foreign investment and facilitating investors.
On the occasion, the Saudi minister said Pakistan was Saudi Arabia’s priority for investment and trade as per the directives of Saudi Crown Prince and Prime Minister Muhammad bin Salman.
He said targets were being set to increase bilateral economic and trade relations during the next one to one and a half years.
The Saudi minister said a delegation of Saudi business community will visit Pakistan soon.
Acknowledging the role of Pakistanis in the development and prosperity of Saudi Arabia, the Saudi Minister emphasized inculcating the sentiments of Saudi-Pak friendship among the youth and new generation of both countries.

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