blueazure
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This goes on to show the true face of the traitors ruling Pakistan. These are puppets whose strings are held by foreign masters.
This set of laws is draconian. The first thing that is wrong with them is that they aren't practiced anywhere else in the world. People buy gold, jewelry, property everywhere. Nowhere do they need to prove that they are not PEPs. I have myself bought pure, solid gold. There has never been any problem. Second, the expansive nature of who can declare someone a PEP. Why should Pakistani businessmen care if America declares someone a PEP? And third is the non-symmetric nature of these laws. No one in the world cares if Pakistan declares someone a PEP. Would American businesses take action in this case? The answer is a resounding no.
What is being done here is restricting the free flow of capital. This will force foreign investors to reconsider any investments. This will force local investors to reconsider. It will drive down economic growth. And the absolutely hilarious aspect is that it will affect that moron Imran Khan's house building initiative. All that new housing will first have to go through excruciating scrutiny. Good luck Imran Khan, building any meaningful number of houses.
But wait. Who will stop the wealthy, the powerful, the rich, the well connected? What are a bunch of laws to men of law mortal? Corruption will go on because the corrupt are making the laws, implementing the laws, and adjudicating based on the laws. What will now happen is that poor housewives who used to buy gold as a buffer against inflation will now be asked for proofs which they don't know how to provide. This pushes them to the mercy of tricksters or completely closes the door to effective investment for them. The days of saving every penny in hopes of a brighter future are over. Because the avenues of investment are guarded by thieves.
Down with Imran Khan and Bajwa, the guard dogs of Western masters!!!!!!!
tiger force can come to pakistan and run business
tiger force on pdf thinks every businessman in pakistan is corrupt .
i invite tiger force to do business here.
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flight of capital from pakistan is already happening .