The Chief Justice of Pakistan, Justice Iftikhar Muhammad Chaudhry, on Tuesday said Pakistan has enhanced its co-operation with foreign countries to check the menace of money laundering.
"The main objective of such co-operation is to retrieve the national assets and the black-money, deposited in the foreign banks", the chief justice said while talking to APP after attending a panel session of the on-going 22nd Law Congress in Beijing.
The session thoroughly debated on anti-corruption laws and administrative measures and called for having more close interaction among international community to combat money laundering and other such transactions.
Justice Iftikhar said Pakistan is holding seminars and workshops to discuss and evolve more effective strategy for combating corruption. "We have developed a lot of co-operation at the international level to this effect through signing of treaties and agreements", he added.
He said: "We are sending a message to all over the world that we will stand by the international community in its efforts to check corruption and other illegal practices."
Earlier, the Chief Justice in a group of top judicial leaders held a meeting with Chinese Justice Minister Wu Aiying and discussed matters of bilateral co-operation in the judicial field.
Wu Aiying assured that her country would maintain friendly relationship with Pakistan and others, saying China attaches great importance to upholding rule of law and democratic norms and willing to develop partnership with other countries to achieve the common objective.
Meanwhile, Wang Jianming, senior official of China's National Anti-corruption Bureau, said the international community should work together in building a co-operative mechanism to fight corruption, which is increasingly internationally.
Taking part in the debate during the Congress panel session, he said the existing legal mechanism of one country found it difficult to deal with corrupt crimes as transnational corrupt crimes are getting rampant.
Many criminals, he said, flee to another country that has not signed an extradition treaty with their resident country before being found guilty, which could help evading legal penalties.
These legal problems have pushed countries to rethink their counter-measures and strengthen co-operation, said Wang said adding China's procurator organs have captured more than 70 criminals who fled abroad in co-ordination with domestic and foreign organs since 1998.
He said the Chinese government has signed nearly 100 multilateral international conventions concerning international crimes, including the United Nations Anti-corruption Convention and extradition treaties with 21 countries.
Comments
Comments are closed.