Direct­s author­ities to make financ­ial monito­ring unit more active­ISLAMABAD: Prime Minister Imran Khan has called for efforts to curb money laundering, which, according to him, has become a cancer for the country’s economy, causing irreparable damage. “Elements involved in money laundering deserve no clemency and they will be exposed in front of the public,” Imran Khan said while chairing on Monday a high level meeting held to review the steps taken to combat money laundering. The SBP governor briefed the meeting on steps taken by the state owned and commercial banks against money laundering. The SBP officials briefed on the value of the currency seized in relation to money laundering and smuggling. The secretary interior gave a detailed briefing on steps taken to prevent money laundering at the borders and different airports.

Source: The Express Tribune February 25, 2019 18:45 UTC