Senators join hands against anti-money laundering bill -Pakistan Press Foundation (PPF)

Paksitan Press Foundtion

Senators join hands against anti-money laundering bill

ISLAMABAD: In a rare show of unanimity, lawmakers in the Senate agreed on Monday to formally request President Asif Ali Zardari not to give his assent to the Anti-Money Laundering Act 2010 passed by the upper house.

The members from both treasury and opposition benches criticised the bill on the grounds that it had been drafted and dictated by the US and was in violation of fundamental rights.

Adviser to prime minister and chairman Parliamentary Committee on Constitutional Reforms Mian Raza Rabbani described the proposed law as appalling and wondered “are we a sovereign nation, or are we under the yoke of the World Bank and IMF?”

He then announced that he was walking out of the house in protest against the bid to make “Pakistan subservient” to foreign agencies and countries.

Mr Rabbani of the ruling PPP, Awami National Party’s parliamentary party leader Haji Mohammad Adeel and Jamhoori Watan Party’s Agha Shahid Hassan Bugti joined opposition members in their protest against passage of the bill without a debate.
Source: Dawn
Date:3/23/2010