Ratification of exchange of information treaty with Swiss govt to take place soon: Akbar

Special Assistant to the Prime Minister on Accountability Shahzad Akbar in a joint press conference with Information Minister Fawad Chaudhry on Friday said that the newly constituted Asset Recovery Unit comprising National Accountability Bureau and Federal Investigation Agency officials will investigate thousands of properties abroad held by Pakistanis, Radio Pakistan reported.

Akbar said that members of the ARU had been selected, and details of over 10,000 properties in Dubai and England had been received.

He added that details of at least half of the 10,000 properties were previously available but no action was taken.

Notices have been issued for 300 properties from the list.

He added that the list had been divided into two parts, one for politically exposed people, and one for other citizens.

The ARU will submit a fortnightly progress report to the Supreme Court, he said.

Akbar also said that Islamabad is in contact with the Swiss government regarding the

... read more at: https://www.dawn.com/news/1436976/asset-recovery-unit-to-begin-probing-thousands-of-foreign-properties-held-by-pakistanis