ANI
05 Feb 2023, 01:03 GMT+10
London [UK], February 4 (ANI): The Muttahida Qaumi Movement (MQM) leader Altaf Hussain has called for the documentation of plundered wealth and concealed property in all shapes and forms, regarding which he also wrote to the International Monetary Fund (IMF) recently.
Had written to International Monetary Fund (IMF) in his letter to the IMF, Hussain requested the IMF authorities to make sure the spree of unbridled corruption in Pakistan in the form of usurpation, and plunder of taxpayer money is checked. In order to sanction any IMF programme, the IMF has to bind Pakistan to foolproof documentation of all moveable and immovable properties owned by the government officers, and their plundered wealth. Or else, the IMF programme would have no result-oriented progress.
He asked the IMF's Managing Director Kristalina Georgieva to make sure that the burden of the IMF programme for Pakistan should address inflation, and control poverty and that the elite plunderers must be brought into the tax net.
The stolen wealth of grade 17 to grade 22 officers in civil and military bureaucracy amounts to trillion dollars. The ghoulish plunderers have even procured islands abroad from the taxpayer's money they stole, he added.
Hussain also requested the IMF MD to constitute at least a 100-member team for Pakistan with high expertise in the investigation to supervise documentation of stolen wealth and prosperity within the country and abroad and make all documents public. This would expose the corrupt and facilitate the law enforcers to take appropriate legal actions.
However, Hussain doubted that the Government of Pakistan will not fulfil the task given by the IMF and will not reveal the details of the actual wealth robbed, assets and properties of Grade 17 to Grade 22 officers.
While explaining his suggestions, he said it is necessary for good and transparent relations with Pakistan to keep full transparency and check on corruption. The wealth should be presented to the IMF and documented. He further wrote in his letter that the spirit of this message is very clear and the steps suggested in it will ensure the transparency of the IMF program for Pakistan. (ANI)
Get a daily dose of Baton Rouge Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Baton Rouge Post.
More InformationNEW YORK, New York - Wall Street continued its advance on Tuesday as investors continued to weigh up the health ...
WASHINGTON D.C.: The US State Department has issued a travel warning regarding dangerous fake pills sold at pharmacies in Mexico, ...
FRANKFURT, Germany: The German Automobilwoche magazine has reported that as part of its efforts to switch to selling electric vehicles ...
NEW YORK, New York - U.S. stocks rallied on Monday following the weekend buy-in of Credit Suisse by UBS, which ...
WASHINGTON D.C.: The US Federal Reserve Bank has announced that cash-strapped banks throughout the US borrowed some $300 billion during ...
BEIJING, China: Following the inability of China Huarong Asset Management Co Ltd to release financial reporting obligations in 2020, China ...
WASHINGTON D.C.: The Alzheimer's Association is lobbying Congress to enable early Medicare coverage of a new class of drugs, beginning ...
DUBLIN, Ireland: Ireland has the world's fourth highest consumption of cocaine, according to a new United Nations report.The UN further ...
TAIPEI, Taiwan: The founder of chip manufacturer TSMC, Morris Chang, said that he supports the efforts of the US to ...
GENEVA, Switzerland: An annual global survey by Swiss air purifier maker IQAir reported that Lahore, Pakistan, was the city with ...
MENLO PARK, California: As the tech industry prepares for a major economic downturn, Facebook-parent company Meta Platforms has announced that ...
London [UK], March 22 (ANI): Founder and leader of Muttahida Qaumi Movement (MQM), Altaf Hussain has said that the corrupt, ...