akber ali

Embassy of the

Islamic Republic of Pakistan

USA, Washington D.C.
Asset Recovery Unit to begin probing
News Date: 10/5/2018
Source: Dawn

Akbar Ali said that members of the ARU had been selected, and details of over 10,000 properties in Dubai and England had been received. He added that details of at least half of the 10,000 properties were previously available but no action was taken. Notices have been issued for 300 properties from the list. He added that the list had been divided into two parts, one for politically exposed people, and one for other citizens. The ARU will submit a fortnightly progress report to the Supreme Court, he said. Akbar also said that Islamabad is in contact with the Swiss government regarding the ratification of a treaty for exchange of information. Akbar said that the treaty would be ratified and acted upon soon. Akbar claimed that ratification of the Swiss treaty for the exchange of information, which would give Pakistan information on bank accounts, was supposed to be completed by 2013-14 but had been intentionally delayed by former finance minister Ishaq Dar who prevented the ratification from taking place for five years

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