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专家名录
唐朱昌
唐朱昌
教授,博士生导师。复旦大学中国反洗钱研究中心首任主任,复旦大学俄...
严立新
严立新
复旦大学经济学院、金融研究院副教授,中国反洗钱研究中心执行主...
陈浩然
陈浩然
复旦大学法学院教授、博士生导师;复旦大学国际刑法研究中心主任。...
何 萍
何 萍
华东政法大学刑法学教授,复旦大学中国反洗钱研究中心特聘研究员,荷...
李小杰
李小杰
安永金融服务风险管理、咨询总监,曾任蚂蚁金服反洗钱总监,复旦大学...
周锦贤
周锦贤
周锦贤先生,香港人,广州暨南大学法律学士,复旦大学中国反洗钱研究中...
童文俊
童文俊
高级经济师,复旦大学金融学博士,复旦大学经济学博士后。现供职于中...
汤 俊
汤 俊
中南财经政法大学教授,计算机科学与技术专业工学博士,复旦大学理论...
李 刚
李 刚
生辰:1977.7.26 籍贯:辽宁抚顺 民族:汉 党派:九三学社 职称:教授 研究...
祝亚雄
祝亚雄
祝亚雄,1974年生,浙江衢州人。浙江师范大学经济与管理学院副教授,博...
高增安
高增安
复旦大学中国反洗钱研究中心特聘研究员,专事反洗钱与贸易领域的研...
顾卿华
顾卿华
复旦大学中国反洗钱研究中心特聘研究员;现任安永管理咨询服务合伙...
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上传时间: 2020-10-26      浏览次数:160次
The FATF Monster Pakistan is Facing Now: ‘Money Laundering’

 

https://despardes.com/fatf-monster-pakistan-money-laundering/

 

The 229-page October 2019 FATF recommendations is a gigantic graphic indictment of the failed Pakistan system, its broken laws, lack of commitment and coordination and was largely divided into two parts – Money Laundering and Terrorism Financing.

 

Terrorism financing is being dealt with more effectively by the security establishment. But the money laundering part of MER is a work in progress in the civilian domain and has far reaching implications and consequences, for the state, the political government, the political system and the nation.

 

In five years (2013-2018) the total number of money laundering cases investigated by various agencies was 2,420, of which 354 were prosecuted and only ONE case of NAB resulted in a conviction: it mentions the conviction of Nawaz Sharif as a case example. “Corruption is endemic across Pakistan’s economy,” the report observes.

 

Out of all the 40 recommendations, only one was judged as “Compliant” and ironically it was about “Financial Institutions Secrecy Laws”. So Pakistan was judged good at keeping these matters under wraps.

 

The Assets Recovery Unit (ARU) headed by Barrister Shahzad Akbar was created as a FATF condition.

 

A very senior (just-retired) top bureaucrat of Pakistan, when asked to see the report and comment on it said: “I was about to get a heart attack. It’s such a hair-raising script. Why was this not known to us before?”

 

The FATF Report found each and every fault, crack, cleavage and hole in the country’s legal, administrative, judicial, security and political infra-structure.

 

The Report categorically states that corruption, drug trafficking, fraud, tax evasion, smuggling, human trafficking and organized crime are major predicate offenses to money laundering and areas of high risk.

 

The country’s public and private sectors have a low level of understanding of money laundering (ML) and terror financing (TF) risks. This, the findings said, is also apparent across Law enforcement agencies (LEAs) due to the lack of national, coordinated strategic leadership….

 

FATF has therefore left zero room for Pakistan’s political government, its Army or even the top judges, to be even mildly soft or