PM for strict int’l laws to check money-laundering from poor to rich countries, urges UN to take lead

UNITED NATIONS, Sep 27 (APP):Prime Minister Imran Khan terming money laundering as one of the major hindrances in the way of achieving Sustainable Development Goals by the developing nations, Friday urged the United Nations to take the lead in curbing the menace through strict international laws.

”Every year billions of dollars are siphoned away by the corrupt leaders from developing countries to the developed countries, which causes poverty and also widens gap between the rich and poor nations,” he said while addressing the 74th session of the United Nations General Assembly in New York.

The prime minister said the money laundered abroad was looted and plundered by the corrupt leaders from developing nations. When he took charge of the government in Pakistan last year, his country’s debt had gone up four times during the previous 10 years, he added.