• Thursday, October 18, 2018

Recovery of stolen assets cornerstone of Pak’s new govt agenda, Lodhi tells UN body

Discussion in 'Social & Current Events' started by Zibago, Oct 11, 2018.

  1. Zibago

    Zibago ELITE MEMBER

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    Recovery of stolen assets cornerstone of Pak’s new govt agenda, Lodhi tells UN body


    Web Desk On Oct 11, 2018 Last updated Oct 11, 2018

    UNITED NATIONS: Pakistan’s Permanent Representative to the United Nations Maleeha Lodhi has said that accountability and recovery of stolen assets was a cornerstone of the agenda of Pakistan’s new government.

    “We firmly believe that enhancing international cooperation is critical to combat illicit financial flows, especially for recovery of stolen assets”, she said while speaking in the General Assembly’s Second Committee, which deals with economic and financial matters

    Ambassador Lodhi said that colonial and foreign occupation was a huge obstacle to economic and social development, and to the achievement of Sustainable Development Goals (SDGs).

    “Let me underline Pakistan’s continued support to people living under colonial domination and foreign occupation,” she said in the Committee’s general debate.

    “A people’s right of self-determination is a fundamental human right, enshrined in the UN Charter,” the Pakistani envoy said.

    “As we envision an inclusive world in 2030: ensuring that no one is left behind, we must ensure that people under colonial and foreign occupation are not left behind either.”

    Lodhi also cited the China Pakistan Economic Corridor (CPEC) as a “shining example” of South cooperation, saying the mega project’s scale and scope was enormous, with huge economic and developmental benefits to the two countries, as well as to the region and beyond.

    In her speech, she highlighted the socio-economic priorities of the Prime Minister Imran Khan’s government, saying they were in sync with the 2030 global development agenda.

    These priorities include revitalizing the economy, uplifting the agriculture sector, providing sustainable and affordable energy, conservation, sustainable use of water resources, ensuring green growth, reform of the governance structure, enhancing accountability, and transformation of the health and education sectors.

    “While domestic resource mobilization and greater self-reliance are at the heart of this effort”, Ambassador Lodhi stressed, “we believe an enabling international environment, greater access to financial resources and technological support remain critical to achieve our priorities”.

    The challenges faced by multilateralism and rule-based cooperative arrangements can adversely affect the realization of development objectives that the international community has set for itself, she said.

    Dr. Lodhi also underlined the importance attached by Pakistan on effective and efficient management of water resources. She said that as water scarce country Pakistan was aware of this emerging threat that can undermine its sustainable development gains, retard economic growth and push people back to poverty.

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  2. SirHatesALot

    SirHatesALot SENIOR MEMBER

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    You wont be able to recover shit, our govt also made such boasts but bottom line is these countries where these assets are will not give them back.
     
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  3. Indus Pakistan

    Indus Pakistan PDF THINK TANK: CONSULTANT

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    Yep. That is probably true but at least te new government will reduce or stop the flow from now on.
     
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  4. war&peace

    war&peace ELITE MEMBER

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    the shiny new govt has not able to stop to the flow...not even able to reduce it significantly...it is happening all the same way. I really wonder about the competence of this govt.
     
  5. Indus Pakistan

    Indus Pakistan PDF THINK TANK: CONSULTANT

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    There are 200 million people. There are 200 million holes leaking money. Its going to take time.
     
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  6. 313ghazi

    313ghazi SENIOR MEMBER

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    Fools. They should use this..

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  7. Ali Tariq

    Ali Tariq FULL MEMBER

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  8. war&peace

    war&peace ELITE MEMBER

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    200 million is a wrong number and if they think like this then they are nothing but bunch of idiots. Do they have any idea how many people are involved in it? At max 10,000 people. BTW, the solution is very simple control the financial and physical channels ins and outs of the country. It has been discovered Iran is involved in the flight of the dollar from the country so implement strict border controls and talk to the Iranian govt. Monitor airports and if you don't trust existing personal appointing intel guys to monitor them. Force all transactions to be conducted through official channels. Of course it will take time but at least some steps should have already been taken and I don't see any.
     
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  9. war&peace

    war&peace ELITE MEMBER

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  10. Royal Blue007

    Royal Blue007 BANNED

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    Have you read her statement.she is more concerned about right of self-determination than any financial matter. its like Bhid dekh ke dil bahak gaya budiya ka, lol

    She knows she cant do jack about stolen money
     
  11. xyxmt

    xyxmt ELITE MEMBER

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    FATF regulates only one way money flow, poor countries to rich countries, any other way and you are violating FATF regulations.