اسحاق ڈار اپنی بات سے مکر گئے

[Pak1stani]

$200bn of Pakistan in Swiss banks: Dar


ISLAMABAD: Finance Minister Ishaq Dar staggered the National Assembly on Friday when he revealed that at least $200 billion of ‘Pakistani money’ was stashed away in Swiss banks.


In a written reply, Dar told the house that the government was engaging with Swiss authorities to get to the money, hidden away by various Pakistani nationals.



In a detailed response to a question raised by Dr Arif Alvi of the Pakistan Tehreek-i-Insaf (PTI), the minister quoted statements by a Swiss banker and a former Swiss government minister: “One of the directors of Credit Suisse AG stated on the record that $97 billion worth of Pakistani capital was deposited only in his bank. Similarly, Micheline Calmy-Rey, a former Swiss foreign minister, is reported to have put the amount of Pakistani money hidden in Switzerland at $200 billion — a statement that was never contradicted,” he revealed.


Saying that he believed the figures were correct, Mr Dar said the situation called for immediate corrective action. To put the enormity of this find into perspective, Pakistan’s total external debt stands at $150 billion and its gross domestic product is said to be around $300 billion. The country can, theoretically, pay off all its debt with the money in Swiss banks and still have nearly a quarter of it left over.


The finance minister said the government was working under the ambit of a new Swiss law, known as ‘The Restitution of Illicit Assets Act, 2010’ (RIAA), which allows the Swiss government to exchange information — which was considered confidential up to now — regarding money that may have been obtained illegally and deposited in Swiss banks. He also briefed the house on the steps the government was taking to get the money back.



The minister said the federal cabinet in a meeting on Sept 20 last year had already approved renegotiation of the current Pak-Swiss tax treaty and Federal Board of Revenue officials and the Swiss authorities concerned had agreed to meet in August this year to upgrade the existing agreement.



In his reply, Mr Dar also referred to various international pressures that had forced the Swiss government to review its policy on clandestine banking.



Amid a global squeeze on tax evasion, money laundering and blatant outflows of capital, Switzerland’s 11 largest banks housed nearly $7 trillion of the world’s total offshore liquidity stock of $32 trillion.



Switzerland has traditionally been the oldest, the most formidable and the most popular secret banking jurisdiction, attracting massive sums of tax-evaded money from across the world into its banks with numbered-accounts. Since 2009, the US and EU have consistently been pressing Switzerland and other tax havens to allow international tax administrations to track illegal funds parked in their secretive banks.

http://urdu.aaj.tv/business/2014/07/31/156528_4_story.html

 

[Pak1stani]

Re: Lies Lies and Only LIes : Patwari

 

[EngrHaseebShahid]

Re: Lies Lies and Only LIes : Patwari

Yar itnay masoom log flood etc mai fout ho jatay hain...IN ***** logo se hmara chutkara q ni hota :(

 

[Londonguy]

Re: Lies Lies and Only LIes : Patwari

Talks to retrieve $200b from Swiss banks to be held in August: Dar

Finance Minister Ishaq Dar. PHOTO: REUTERS

ISLAMABAD: Finance Minister Ishaq Dar said talks would be held with the Swiss government in August to bring back $200 billion from Switzerland to Pakistan, Radio Pakistan reported.
Talks would be held in several phases, and it could take three to four years to bring the money back to the country, Dar said in a statement.
He said that when the Pakistan Muslim League-Nawaz (PML-N) took charge of the countrys affairs, the economic situation was fragile, adding that foreign monetary institutions had predicted that Pakistan would be bankrupt in 2014.
Dar said that the current government was performing well, proving that Pakistan has a strong economy.



Dar rules out easy access to billions in Swiss banks

By Khaleeq Kiani
Updated 45 minutes ago





ISLAMABAD: Finance Minister Ishaq Dar on Thursday ruled out possibility of the recovery of billions of dollars stashed in Swiss banks any time soon.
The minister said this in reply to a journalists question that whether a memorandum of understanding on taxation signed with the United Kingdom could lead to availability of information on wealth of Pakistanis in the UK.
He was talking to journalists after signing of the MoU by the Federal Board of Revenue (FBR) and Revenue and Customs of the UK for exchange of information and cooperation on improvement in taxation and revenue collection.
The FBR Chairman, Tariq Bajwa, and the head of Department for International Development (DFID) in Pakistan, Richard Montgomery, signed the MoU.
Mr Dar and British High Commissioner Phillip Barton were present at the ceremony.
The minister did not speak much in reply to the question, but denied saying that Pakistanis had stashed $200 billion in Swiss banks, and the figures being quoted on the issue were just guesstimates.
He said many countries like the United States, the UK and others had consumed many years to reach agreements with Switzerland for exchange of data on wealth of their citizens in Swiss accounts and even they had not been able to recover any money.
He said the PML-N government had taken an initiative to hold talks with Switzerland for avoidance of double taxation.
The move would help bring into the tax net revenue that is lost to leakages. The process has been started recently and will take a couple of years to complete and hopefully an agreement will be signed during the tenure of current government.
He said he had started negotiations with Swiss authorities on avoidance of double taxation with the approval of the federal cabinet and then sent a team to Geneva for initial talks.
The minister said the FBR and its British counterpart had signed an agreement for mutual cooperation that would help former to improve its tax communication system and learn lessons from the British tax authorities regarding reforms in the taxation system.
In reply to a question, Mr Dar said protest sit-ins of Pakistan Tehreek-i-Insaf and Pakistan Awami Tehreek could not affect tax recovery despite their calls for civil disobedience and appeals to people not to pay taxes and utility bills.
He said tax authorities had been able to collect Rs319 billion in the first two months (July-August) of the current year despite protests and Eid holidays. This, he added, was 14.5 per cent higher than the collection of Rs279 billion made during the same period last year.
The minister, however, conceded that the government and the FBR would have to make aggressive targets for coming months to improve collection.
Mr Dar said the campaign against non-filers had started bearing results and notices issued to 120,000 non-filers had shown positive outcome. He said last year tax authorities had been able to collect Rs2,267 billion against a target of Rs2,275 billion.
The minister said remittances had also improved in the first two months of the current fiscal year and stood at $2.97 billion 12.5 per cent higher than $2.64 billion during the same period last year.
But Ishaq Dar conceded that the sit-ins in Islamabad had delayed at least three major transactions worth $2.4 billion launching of OGDCL bonds, Sukuk Islamic Bonds and the disbursement of a tranche by the IMF. However, he added, the government was still hopeful that the three transactions would be completed next month.
In reply to a question, British High Commissioner Philip Barton said his country was satisfied with policies of the Pakistan government. He said the UK fully supported democratic system and democracy in Pakistan.
Under the MoU, the UK will provide technical assistance to FBR over the next three years to help build its capacity and improve tax collection to support economic integration, stability and growth.
British experts would work with FBR to help achieve its tax targets by developing skills, knowledge and other resources essential for improving its performance in tax collection.
British advice would also be available to FBR on innovative solutions and measures to improve tax enforcement and reduce opportunities for tax evasion.
Specific areas of assistance include off-shore taxation, strategic communications and the use of information technology, particularly forecasting and analysing available information and assessing risk.
Published in Dawn, September 19th, 2014

 

[tariisb]

Re: Lies Lies and Only LIes : Patwari



عزیز پاکستانیو ، ایک پاکستانی کا پیغام سنیے


(clap)جھوٹ بولنا بری بات ، چاہے حکومت بچانی ہو یا انقلاب لانا ہو ، جھوٹ کبھی نا بولنا

 

[Sniper]

Re: Lies Lies and Only LIes : Patwari

یہ شخص ہے ہی جھوٹا۔
ان لوگوں کی عقل پرماتم کرنے کودل کرتا ہے جنہوں نے اس کی بات پریقین کیا۔

 

[Amal]

Re: Lies Lies and Only LIes : Patwari

 

[Pak1stani]

Re: Lies Lies and Only LIes : Patwari


آپکی سوئی ابھی تک سترہ لاشوں پر اٹکی ہے

عزیز پاکستانیو ، ایک پاکستانی کا پیغام سنیے


(clap)جھوٹ بولنا بری بات ، چاہے حکومت بچانی ہو یا انقلاب لانا ہو ، جھوٹ کبھی نا بولنا

 

[tariisb]

Re: Lies Lies and Only LIes : Patwari

آپکی سوئی ابھی تک سترہ لاشوں پر اٹکی ہے

:biggthumpup:نہیں جی ، میں نے لاش کا ذکر تو نہیں کیا ، جھوٹ کی ہر حیثیت میں مذمت کی ، جناب کی تائید کی

 

[Usama Tayyab]

yar is ne konsa naya jhoot bola ya pahlii dafa bola....proven jhotay hain

 

[mercedesbenz]

​NOORON ka rakord ha yeh jhoot boll ker ahdey ghentey ke ander,ander phir muker jatey hain keh hum ne kaha tha. issi liye inn ko tamaam pakistanio ne jaan liya ha keh yeh qauom ke saath jhoot boltey hain yeh nakammey hain.

 

[jaanmark]

 

[نادان]

Re: Lies Lies and Only LIes : Patwari

:biggthumpup:نہیں جی ، میں نے لاش کا ذکر تو نہیں کیا ، جھوٹ کی ہر حیثیت میں مذمت کی ، جناب کی تائید کی

لپیٹ کے کی ہے نا ......


:lol:

 

[Topi_Drama]

یہ اسحاق ڈار ایک نمبر کا جھوٹا اور لعنتی کردار ہے اور یہ پہلی دفہ نہیں ہے کی اس نے جھوٹ بولا ہے۔

 

[karella]

Josh-e-Khitabt mein toh Noora Family World Record bna Lay gi

 

[Mehrushka]

Re: Lies Lies and Only LIes : Patwari

:biggthumpup:نہیں جی ، میں نے لاش کا ذکر تو نہیں کیا ، جھوٹ کی ہر حیثیت میں مذمت کی ، جناب کی تائید کی

Chalain ab yahan bhi muzamut ker ke dikhain Zara [hilar](bigsmile)

 

[Mehrushka]

Re: Lies Lies and Only LIes : Patwari

:biggthumpup:نہیں جی ، میں نے لاش کا ذکر تو نہیں کیا ، جھوٹ کی ہر حیثیت میں مذمت کی ، جناب کی تائید کی

Sirf like na Karen post :angry_smile: muzamut bhi Karen na [hilar](bigsmile) [MENTION=31690]Atif[/MENTION] :biggthumpup:

 

[Zarb-e-Azb]

Ishaq Dar's $200 Billion Lie

[h=1]Dar says talks in August to bring back $200bn in Swiss banks[/h]

Source of two news:
http://e.dunya.com.pk/news/2014/Sep...3015_52491944.jpg.pagespeed.ic.tkN8uOPbUK.jpg

http://www.dawn.com/news/1122404

 

[zeshaan]

انکےاور انکی حکومت کے ہوتے ہوے جوبھی ہو جانے وہ کچھ کم ہی ہے ،
کیا اس وزیر خزانہ پر اعتبار کیا جاسکتا ہے جو اپنے بڑے کی دولت کو باہر بھجوانے میں شامل ہو......اور اپنے بیٹے کو پچاس کروڑ قرضے حسنہ دے جس پر حکومتی ٹیکس نہ دیا گیا ہو....