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And The Economic War Begins !!

El_Swordsmen

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And The Economic War Begins With America. New York State Department Of Financial Services NYDFS Imposes An Outrageous $ 629,000,000 SIX HUNDRED AND TWENTY NINE MILLION DOLLARS Fine On HBL. HBL Decides To Close Down Its American Operations.



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Tightening of the screws..
If this is not fixed, 600 million will be a huge amount going out of Pakistani economy.
 
This is going on since 2015, I will not be surprised if HBL is involved in money laundry. This is great news, USA should become no go area for corrupt Pakistani elite money.
 
Tightening of the screws..
If this is not fixed, 600 million will be a huge amount going out of Pakistani economy.

Sadly for you that's not how it works. It's a private bank. The Aga Khan foundation owns a controlling share.
 
Sadly for you that's not how it works. It's a private bank. The Aga Khan foundation owns a controlling share.
Sadly, it is simple And this is how it works.

Private or govt. The bank loses it's equity, aaga Khan foundation is part of your economy. It doesn't operate from mars . They gonna loose money so will the shareholders, so will the economy they belong too and followed by the nation.
Economy gains where the HBL pays fine.
Your loss is there gain.
 
Don't worry plenty of banks have had fees imposed on them, this compared to others is "peanuts".
 
Sadly, it is simple And this is how it works.

Private or govt. The bank loses it's equity, aaga Khan foundation is part of your economy. It doesn't operate from mars . They gonna loose money so will the shareholders, so will the economy they belong too and followed by the nation.
Economy gains where the HBL pays fine.
Your loss is there gain.

Bravo. Yes, Pakistan will be affected but this being a private bank which operates globally so a lot of parties will be affected.
 
The NATO containers passing through the Pakistani mainland, should now be made to pay heavy toll tax. Co-operation has always been a two way street.
It should have been done right from the day one. Rather make a regime change in Pakistan and ask them to impose the toll applicable from the back dates. Pakistan never needed any aid. It should have imposed duties and taxes on all NATO supplies and on all other services and should have been payable upfront. But Musharraf sold the country and sold it cheap to get a nice post retirement plan for himself.
 
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