I can probably write multiple books on my first-hand corruption accounts in Pakistan. From Union councils to Project Management Unit - (PMU) at provincial levels to Local Government offices (LG&CD) all the way how minister pull strings to appoint favorite bureaucrats as DG's and Secretaries of their respective ministries to how one night before the award of the project all the Contractors, Minister, DG, Secretary meet where everything is finalized including the bidding price for each contract along with commission payment terms and these bids are sealed together and taken so that no party can back off and next day a drama is staged for the rest, where these sealed bids are opened in front of everyone for transparency. (This is just stage 1)Good God that’s shocking.
Income tax is not fueling this country, while you cannot charge income tax on those having no income.More like corrupt goons trying to move abroad because they know they will be caught or wouldn't be able to do Corruption.. and dont start with arguement that rich in Pakistan are honest if they were we wouldn't have 3% people paying income tax..
Shame you can't afford itAnyone who can afford to escape will escape.
Thanks to the corruption of Imran Khan and the IMF brokers. The alliance and resulting corruption is so obvious that it's hard to avoid it.
Every construction award decided under dictatorship of Imran Khan has corruption written all over it.
What's your point?Shame you can't afford it
My point is that you're obviously complaining because your masters left you behind as you are of insignificance. And you yourself can't afford to live the high life in LondonWhat's your point?
There are millions in Pakistan who can't afford it.... referencing back to OP, it's a matter of shame for the ruling mafia, who has turned it into a matter of survival for those who are neither part of Tiger Force and neither are extravagantly paid state official on extension.
When is papa Nawazoo returning from his London hideout? That Panama scumbag has looted millions and probably even billions in Pakistan. He even wanted to sell Kashmir and entire Pakistan to Modi. Your papa wanted to become the sultan of Lahore. That swine Nawaz Sharif will be hung from K2. His corpse will be dragged and people will spit on his fat nihari body.PTI is a black opp to destroy Pakistan, they've hypnotised younger people or retards, the imbeciles can't give more than one liner answers.
transparency report is but one example of highlighting increased corruption.
Then theirs lack of governance, increased lawlessness. And the Ponce Imran Khan NIAZI
(individual who lives off immoral earnings) at the top of the Christmas tree.
The establishment should be taken to replaced by patriotic forces.
Make a list of these people and snatch their Pakistani citizenship. They wanted to flee with their money. They shouldn't be allowed to return to Pakistan. Never. Scumbags.News, analysis and opinions about India, Pakistan, US, Canada, Europe, Mid East, South Asia, Silicon Valley, High Technology, Economy, Politics, Worldwww.riazhaq.com
Rich Pakistanis ranked third in the world for making inquiries to migrate abroad last year, according to a report by Henley and Partners. High net worth individuals (HNWIs) from India topped the list of those seeking to migrate, followed by Americans and Pakistanis. Pakistan is among nations that experienced "significant wealth outflows" in 2019, according to Afrasia Bank. There has been a 25% increase in the number of HNWIs enquiring about citizenship-by-investment as opposed to residence-by-investment programs since the coronavirus was first reported nearly a year ago, indicating that wealthy international investors are considering a more permanent change.
In 2019, the UAE initiated a new system for investment-based long-term residence visa called Iqama. It enables foreigners to live, work and study in the UAE without the need of a national sponsor and with 100% ownership of their business on the UAE’s mainland. These visas are issued for 5 or 10 years and will be renewed automatically.
Several countries in Europe and the Caribbean are offering residency visas or a second passport and citizenship. Popular destinations include New Zealand, the Caribbean Islands, Portugal, Malta, Spain, Cyprus and Greece. Requirements for investment-based citizenship vary from country to country but is usually about 10 years of continuous residency. Some countries, like Greece, offer citizenship after a shorter period of 7 years. Others have no stay requirement at all. European Union (EU) member nations like Cyprus, Greece and Malta offer EU passports.
Many rich Pakistanis are continuing to flock to the United Kingdom. Recent US FinCEN (Financial Crime Enforcement Network) files show that the United Kingdom (UK) is the biggest global center for money laundering. An earlier report issued by the British Crime Agency put Pakistan among the world's top sources of money laundering in the United Kingdom.
FinCEN leaks represent just the tip of an iceberg. The leaked 2,100 FinCEN files covering $2 trillion worth of transactions that ICIJ (International Consortium of Investigative Journalists) and Buzzfeed reporters got their hands on represent just a small sliver of the roughly 12 million SARs FinCEN has received since 2011. Pakistan's Prime Minister Imran Khan has repeatedly raised the issue of the West's inaction in stopping the illicit flows of hard currencies from developing nations to the developed world. Money laundering and other financial crimes affect the economic roots of a nation like Pakistan and slow down its human and socioeconomic development.
South Asia Investor Review
The West Enables Corruption in Developing Nations
Did Musharraf Steal Pakistani People's Money?
Pakistan Economy Hobbled By Underinvestment
Raymond Baker on Corruption in Pakistan
Nawaz Sharif Disqualified
Culture of Corruption in Pakistan
US Investigating Microsoft Bribery in Pakistan
Zardari's Corruption Probe in Switzerland
Politics of Patronage in Pakistan
Why is PIA Losing Money Amid Pakistan Aviation Boom?
Riaz Haq's Youtube Channel
PakAlumni Social Network
News, analysis and opinions about India, Pakistan, US, Canada, Europe, Mid East, South Asia, Silicon Valley, High Technology, Economy, Politics, Worldwww.riazhaq.com
My masters? left me behind... where?My point is that you're obviously complaining because your masters left you behind as you are of insignificance. And you yourself can't afford to live the high life in London
It is interesting to know who these individuals are. Obviously the government already knows this. Hence Imran Khan's constant reminder to Western nations to crack down on illicit inflow of money.I think the correct title is "Corrupt Pakistanis Among World's Top Nationalities Migrating Abroad"...
Honest Rich Pakistani are staying put and making Pakistan great again!!!
An earlier report issued by the British Crime Agency put Pakistan among the world's top sources of money laundering in the United Kingdom.
I never use this word, but I will make an exception here. I hope UKIP beats such nasty Pakis up real good. Make their lives a misery. They have my full blessing. I just wish the absolute worst to such traitors.
Stop dragging Iran into this. This has to do with nasty rich Pakistani elites living and earning inside Pakistan smuggling their wealth out of the country. Read the article.Hundi /Hawala business from GCC is well known form of money laundering, about which only Musharraf took serious and solid steps and beat it out by providing official channel to remit. First thing Zardari did after assuming power was to kill that infrastructure, where PMLN and PTI followed suite.
Pakistan as well is the biggest destination of smuggled Iranian oil products, which require payments worth $ billions, so yes, it does not require any science to establish that Pakistan is the grand castle of money laundering, unless Iranian oil tankers are simple gifts for Ali Zaidi.