*ISLAMABAD – The PTI government has achieved a big milestone in process ofrecovering looted money from abroad.*
* The Senate on Friday was informed of a treaty that has been signed withSwiss authorities to attain the access to information of bank accountsowned by Pakistani citizen in Switzerland, Radio Pakistan reported.*
As per details, the Senate session was chaired by Presiding Officer SitaraAyaz at the Parliament House in Islamabad.
Responding to a question during the question hour in Upper House ofParliament, Minister of State for Revenue Hammad Azhar informed that atreaty, signed earlier by the former government in 2013, was incomplete infew aspects as it did not mention the access to the account holders’information.
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The Minister of State added that excluding Switzerland information from 29countries have started to be received. Expressing hope, he said the processof receiving data from Switzerland will begin next month.
Azhar further apprised the Senate that all territories where Pakistanicitizens may stash their money are under the focus of Federal Board ofRevenue.
