Action To Be Taken Against Forex, Bullion Smuggling: Ishaq Dar
Rukhshan Mir (@rukhshanmir) Published November 30, 2016 | 09:10 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 30th Nov, 2016 ) : The Federal Minister for Finance Senator Mohamamd Ishaq Dar Wednesday said action would be taken against forex and bullion smuggling which is detrimental to the interest of Pakistan.
He said this while chairing a high level meeting, participated by Secretary Interior, Secretary Finance, Deputy Governor of the State Bank of Pakistan, DG FIA, Chairman Federal board of Revenue, Joint -Director Intelligence Bureau and other senior officers concerned and directed all the agencies to take strict measures immediately against criminal elements involved in the smuggling of gold and Currency and take them to task as per the country's law, a statement issued here said.
The finance minister said action would also be taken against those who are behind this illegal practice. He directed FIA, IB, Custom Intelligence and State bank of Pakistan to keep strict vigilance in this regard and all airports and other entry points should be kept under strict surveillance to curb this menace of currency and bullion smuggling.
He again dispelled the rumors about the demonization of Rs 5000 currency notes and withdrawal of Rs 40,000 prize bonds, freezing of lockers which are being spread by the vested interest to harm the economy of the country. He further said that as clarified earlier, there is no such proposal under consideration of the government.
Related Topics
Recent Stories
Bolt named ICC Men’s T20 WC 2024 ambassador
Pakistan among nine poor countries that produces 90 percent cigarettes for world
Drug peddler arrested; 2310 grams hashish recovered
Bushra Bibi's medical tests conducted in best private hospital: NA told
Ambiguous terms in 'Nikah Nama' can't be used against bride: SC
Minister for Foreign Affairs Ishaq Dar renews Pakistan’s commitment to promoti ..
Provincial Transport Minister Bilal Akbar Khan visits general bus stand, inspect ..
Director General HDA for completing development work on Gulistan-e-Sarmast Hous ..
EU parliament's youngest lawmaker eyes re-election
Fake chilli factory unearthed
10 dead as floods wreak havoc in Kenyan capital
WASA launches comprehensive campaign to test quality of water
More Stories From Business
-
Pakistan among nine poor countries that produces 90 percent cigarettes for world
27 minutes ago -
Chief Minister Gilgit Baltistan Haji Gulbar Khan calls on Minister for Privatisation
56 minutes ago -
Germany nudges up growth forecast, ailing economy at 'turning point'
55 minutes ago -
Revised UAF budget recommended
56 minutes ago -
IDEA, TEVTA organizes Job Fair for youth
55 minutes ago -
Massive financial, administrative scam unearthed at SCCI
1 hour ago
-
FCCI welcomes Iranian president's visit
1 hour ago -
Germany nudges up growth forecast, ailing economy at 'turning point'
2 hours ago -
Jam Kamal leads efforts to enhance IT Capacity for trade monitoring
4 hours ago -
SECP pushes adoption of IFRS 17 by Insurance sector
5 hours ago -
PSX turns bullish, gains 692 more points
5 hours ago -
RTO Peshawar makes historic seizure of illegal cigarettes worth Rs 162.6 mln
5 hours ago