Asset Recovery Unit has started its working: Shahzad Akbar

Asset Recovery Unit has started its working: Shahzad Akbar

Special Assistant to Prime Minister on Accountability Mirza Shahzad Akbar has said Asset Recovery Unit has started its working.

Addressing a news conference along with Information Minister Fawad Chaudhry in Islamabad today, he said members of Asset Recovery Unit have been selected.

He said details of more than ten thousand properties have been received which are in Dubai and England.

Shahzad Akbar said list of properties have been divided into two portions, one for Politically Exposed People and one for rest of the people.

He said officials from National Accountability Bureau and Federal Investigation Agency will investigate the cases.

He said a progress report of the recovery unit is being submitted in Supreme Court fortnightly.

He said Attorney General has prepared a draft for legislation to stop money laundering which will be presented in next cabinet meeting for approval.   

He said government is also working to ratify treaty with Switzerland to get information about Swiss accounts.

Shahzad Akbar said the government has decided to investigate Panama and Paradise leaks thoroughly.

The special assistant said notices will be issued for payable amount to former Chief Minister Punjab and his family for using Prime Minister's helicopter.

Speaking on the occasion Information Minister said notices have been issued to one hundred and fifty seven people who have not filed their tax returns.

He said attracting foreign investment facilitating businessmen and crackdown on corruption are three pillars of government's economic policy.