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Pakistan, UK reach agreement on repatriation of 'looted wealth'

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Law Minister Dr Farogh Naseem and British Home Secretary Sajid Javid on Monday jointly announced a justice and accountability agreement between the UK and Pakistan aimed at repatriating "the looted wealth of the country".

The agreement — which the duo insisted will not target individuals but is a broader agreement between the two governments to collaborate for the elimination of a variety of crimes — was arrived at during the British home secretary's official visit to Islamabad.

"The aim of this agreement is to bring back the looted wealth of the country," Shahzad Akbar, the Special Assistant to the Prime Minister on Accountability, said, adding: "The agreement on exchange of convicted personnel will also be renewed."

Javid expressed the British government's desire for mutual cooperation with Pakistan in defence, regional security and efforts against terrorism and extremism — the latter two of which, he said, are a common threat for the global community.

"The United Kingdom will continue to help Islamabad," Javid assured while acknowledging that Pakistan has made "a lot of sacrifices" in the global war against terrorism.

He described Pakistan as a "trustworthy friend of the UK" and said that eliminating corruption is a priority for both the countries.

https://www.dawn.com/news/1433474/pakistan-uk-reach-agreement-on-repatriation-of-looted-wealth
 
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The agreement — which the duo insisted will not target individuals but is a broader agreement between the two governments to collaborate for the elimination of a variety of crimes — was arrived at during the British home secretary's official visit to Islamabad.
Reporting from the Dawn is stupid and distorted. The good thing current age is that the recordings are available online for anyone to listen and I have listened both. All they (ministers) said is that they have not discussed any individual cases rather put an broader framework in place for both the countries to take measures to eliminate the money laundering issue and definitely that means targeting all the individuals and the networks involved but there only law ministries are involved that have reached this agreement and cases will be forwarded by NAB and the accountability courts. Money laundering won't be tolerated.
 
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Pakistan, UK reach agreement on repatriation of 'looted wealth'

Dawn.com | Inamullah KhattakUpdated September 17, 2018
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Foreign Minister Shah Mahmood Qureshi meets British Home Secretary Sajid Javid at the Foreign Office. ─ Photo courtesy Dr Muhammad Faisal Twitter

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Law Minister Dr Farogh Naseem and British Home Secretary Sajid Javid address a joint presser — DawnNewsTV

5b9f62448e260.jpg

Foreign Minister Shah Mahmood Qureshi meets British Home Secretary Sajid Javid at the Foreign Office. ─ Photo courtesy Dr Muhammad Faisal Twitter

5b9f81968789a.png

Law Minister Dr Farogh Naseem and British Home Secretary Sajid Javid address a joint presser — DawnNewsTV

5b9f62448e260.jpg

Foreign Minister Shah Mahmood Qureshi meets British Home Secretary Sajid Javid at the Foreign Office. ─ Photo courtesy Dr Muhammad Faisal Twitter


Law Minister Dr Farogh Naseem and British Home Secretary Sajid Javid on Monday jointly announced a justice and accountability agreement between the UK and Pakistan aimed at repatriating "the looted wealth of the country".

The agreement — which the duo insisted will not target individuals but is a broader agreement between the two governments to collaborate for the elimination of a variety of crimes — was arrived at during the British home secretary's official visit to Islamabad.

"The aim of this agreement is to bring back the looted wealth of the country," Shahzad Akbar, the Special Assistant to the Prime Minister on Accountability, said, adding: "The agreement on exchange of convicted personnel will also be renewed."

Javid expressed the British government's desire for mutual cooperation with Pakistan in defence, regional security and efforts against terrorism and extremism — the latter two of which, he said, are a common threat for the global community.

ARTICLE CONTINUES AFTER AD
"The United Kingdom will continue to help Islamabad," Javid assured while acknowledging that Pakistan has made "a lot of sacrifices" in the global war against terrorism.

He described Pakistan as a "trustworthy friend of the UK" and said that eliminating corruption is a priority for both the countries.

Foreign minister wants expansion in Pak-UK ties
Earlier in the day, Foreign Minister Shah Mahmood Qureshi, who also met Javid at the Foreign Office, had stressed the need for expansion in cooperation between Pakistan and the United Kingdom.

The two had discussed various aspects of regional and bilateral cooperation, particularly regional security, counter-terrorism, organised crime, migration, human trafficking, money laundering and asset recovery.

Qureshi also emphasised the need to translate existing ties into a tangible and multi-faceted strategic partnership.

He also formally acknowledged the UK Department for International Development's (DFID) contributions towards the development of various socio-economic sectors in Pakistan.

The British home secretary, in return, conveyed his government’s desire to support and work closely with the new government in all areas of mutual interest.

The two countries closely cooperate under the institutional framework of the [Enhanced Strategic Dialogue].
 
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