Finance Minister Ishaq Dar told the National Assembly that negotiations on a revised agreement with Switzerland would be held from August 26 to 28. Former president Asif Ali Zardari, who left office last September after five years, was dogged throughout his tenure by corruption allegations involving Swiss banks dating back to the 1990s. He was accused along with his late wife, former prime minister Benazir Bhutto, of using Swiss banks to launder $12 million of illegal kickbacks. Switzerland enacted a new law in 2011 to make it easier for countries to recover assets stolen by politicians and hidden in its banks.
Posted on: Fri, 09 May 2014 23:22:16 +0000
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