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Smuggling, Hundi : PM Forms Committee To Amend Laws

Islamabad (September 03, 2018): A high level meeting, chaired by Prime Minister Imran Khan, has decided to constitute a committee to amend laws for the effective prevention of smuggling and illegal money transfers (Hundi and Hawala)  in the country. 

According to the details, the government has decided to make necessary amendments in laws to prevent losses being incurred to the national exchequer through smuggling and illegal money dealing.The commerce secretary and officials of Federal Board of Revenue (FBR) briefed the meeting regarding unlawful activities damaging the country’s economy.

The prime minister formed a committee, headed by the attorney general and comprising officials of Customs, State Bank, FBR and Federal Investigation Agency (FIA), which will recommend necessary amendments to current laws in this regard.The committee was directed to present its recommendations to the prime minister by the next week. Prime Minister Khan also directed the Ministry of Interior to present its recommendations within a week for administrative measures regarding a coordinated and comprehensive strategy in that respect.

Finance Minister Asad Umar, Minister of State for Interior Shehryar Afridi, PM’s advisor for Institutional Reforms Dr Ishrat Hussain, Special Advisor on Accountability Mirza Shehzad Akbar, Special Advisor on Political Affairs Naeem-ul-Haq, the finance and commerce secretaries, Attorney General of Pakistan, State Bank Governor, FBR Chairman, DG FIA and other senior officials were present the meeting.

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