KARACHI: Interior Minister Rehman Malik on Saturday said that the government will take all measures to curb the menace of money laundering in the country.
“Had legal channels been used, the country could have got billions per month through banks,” he said while addressing the members of the Karachi Chamber of Commerce & Industry (KCCI) on the occasion to inaugurate the Crisis Management Cell at the Chamber.
Malik said that the government had studied all the pros and cons and the modus operandi of the people involved in the ‘Hawala’ or money laundering business.
“The government wants to give an opportunity to those people involved in the Hawala business to be legalised and do the job through a proper channel,” he added.
He said that Hawala remittances detected by the government would be seized
At the inauguration ceremony of the Crisis Management Cell at KCCI, Malik said that the cell would help look after the grievances of the business community.
He said the Cell would have representatives of the KCCI, Police and Federal Investigation Agency (FIA) to receive complaints regarding cases of kidnappings for ransom, extortion and any other issues pertaining to the business community.
KCCI president Saeed Shafiq also addressed the gathering on the occasion while all members of the managing community also present on the occasion.
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