Connect with us

Pakistan

NA passes anti-money laundering bill to stay off FATF grey list

Published

on

  • Chairman of new authority to be appointed by the prime minister.
  • National Assembly passes six other government bills on same day.
  • Protest in NA over volley of bills to set up private universities.

ISLAMABAD: The National Assembly has passed seven government bills, including the National Anti-Money Laundering, Counter Financing of Terrorism Authority Bill 2023, The News reported Friday.

Minister of State for Foreign Affairs Hina Rabbani Khar moved the bill that was passed on Thursday. 

She said the legislation was of immense importance and, if properly enforced and implemented, it would make sure that Pakistan did not see the Financial Action Task Force’s (FATF) grey list again.

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

She said the chairman of the authority would be appointed by the prime minister, adding the authority would comprise the finance secretary, foreign affairs secretary, interior secretary, State Bank of Pakistan (SBP) governor, Securities and Exchange Commission of Pakistan chairman, National Accountability Bureau (NAB) chairman, Federal Investigation Agency (FIA) DG, Anti-Narcotics Force DG, Federal Board of Revenue (FBR) chairman, Financial Monitoring Unit DG, NACTA national coordinator and the chief secretaries of provinces.

Other government bills, which were passed by the house, on Thursday included ‘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’.

Earlier, the National Assembly proceedings saw debates and protest over attempts to pass and passage a volley of bills to set up over two dozen private educational institutes and universities in different parts of the country.

Maulana Abdul Akbar Chitrali of Jamaat-e-Islami questioned whether Members of the National Assembly had signed a contract of setting up private universities and getting the bills passed on their behalf.

“A single member of the house is mover of the bill for setting up 10 private universities in Islamabad and other parts of the country while compromising on quality of education,” he said.

He also pointed out the lack of quorum in the House in an attempt to prevent the passage of bills leading to adjournment of proceedings till Friday.

Only one private member bill titled Institute of Gujrat Bill, 2023 moved by Armaghan Subhani could be passed by the House.

Federal Minister for Education Rana Tanveer Hussain also agreed with the point of view of the JI parliamentarian, saying that some members wanted to get the charter of universities approved through Acts of Parliament.

He said it had happened in the past that charter of 11 universities was also approved by the Punjab Assembly without completing codal formalities and now the Higher Education Commission was not attesting degrees of those universities.

He said the National Assembly was passing the bills which were stuck in Senate standing committees. He agreed that the quality of education could not be improved through the mushroom growth of universities in the private sector. He agreed that the National Assembly could approve bill relating to the setting up of an institute and not the university.

Zulfiqar Ali Bhatti of the PML-N, who wanted to move the Kings Universities Bill, 2023, said he would withdraw his bill if assurance was given that bills of universities having no NOC of HEC were also not passed.

Maulana Abdul Akbar Chitrali also prevented the passage of another bill relating to setting up a private university. “The university being set up in Lahore is being given the name of Islamabad,” he said.

The JI parliamentarian raised the question of lack of quorum, leading to the adjournment of proceedings till Friday (today). 

The JI MNA made his presence felt as he also threatened to point out the lack of quorum earlier while protesting against the treatment meted out to him by the interior ministry officials.

He said the other day he visited the ministry to check updates relating to cases of arms licenses already submitted, but he was treated harshly by officials there.

He asked the speaker to defer a bill sponsored by the ministry; otherwise, he would point out lack of quorum in the House.

On his demand, Minister for Parliamentary Affairs Murtaza Javed Abbasi, who wanted to move the Federal Prosecution Bill, 2023 on behalf of the interior minister agreed to defer the same.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Green Impact Mission in GB: Rakaposhi Camp Cleanup Campaign Organized by Serena Hotels

Published

on

By

The Green Impact Mission at Rakaposhi Base Camp was effectively completed by Serena Hotels.

At Rakaposhi Base Camp, one of Gilgit-Baltistan’s most well-liked tourist sites, the project sought to solve the growing garbage problem.

50 volunteers, including sherpas and climbers, participated in the cleanup effort. To maintain the basecamp’s natural beauty, the crew put in endless effort to remove trash from it. In order to encourage future guests to dispose of their waste responsibly, ten sturdy trash cans were also placed across the property.

Continue Reading

Latest News

Indicating Pakistan’s Dedication to the SCO Agenda: Jam Kamal

Published

on

By

Pakistan is dedicated to the Shanghai Cooperation Organization (SCO) Agenda, according to the Federal Minister for Commerce Jam Kamal Khan, who stated that the SCO is playing a significant role in regional cooperation.

Jam Kamal, while speaking at the World Trade Organization (SCO) Trade Ministerial gathering in Islamabad, stated that Pakistan is an important member of the SCO and that it is a pleasure for us to host its gathering.

We are aggressively trying to modernize our infrastructure, improve regulatory frameworks, and establish an atmosphere that is suitable to business, as he stated that the SCO Region has a significant potential for both commercial and economic exchange.

According to him, the Shanghai Cooperation Organization (SCO) Region is home to a big amount of the world’s population as well as some of the world’s economies that are expanding at the fastest rates. This region also hosts a significant portion of the world’s people.

The Shanghai Cooperation Organization’s (SCO) 23rd Meeting of Ministers Responsible for Foreign Economic and Trade Activities is now being held in Pakistan.

In the course of the Council of Heads of Government Meeting, which is slated to take place in Islamabad on October 15-16, 2024, the conclusions of this meeting will be discussed.

Sunil Bharatwal, who is India’s Deputy Minister of Commerce, gave a short speech at the conference.

Continue Reading

Latest News

The president approves the addition of thirty PHC judges, up from the previous twenty.

Published

on

By

A sizeable increase in the number of judges to be appointed to the Peshawar High Court has been sanctioned by President Asif Ali Zardari.

The number of judges has been increased from twenty to thirty and this change was made in order to address the growing backlog of cases and to improve the efficiency of the judicial system.

Regarding this matter, the notification from the Presidency has been distributed.

Continue Reading

Trending