Political parties (Part II)
Huzaima Bukhari “No organization can stay uncorrupt for long, be it a political party, a religious institution or a charity foundation—sooner or later the instinctual evils of greed and cruelty overwhelm the organization, fueled by its authoritative control over people”― Abhijit…
Political parties—Part I
Huzaima Bukhari “My fidelity is to my country, not my political party. Country first”— Steve Schmidt There is a famous adage, “many hands make light work.” People join hands to work for a common object, be it for earning profits…
IMF’s programmes & tax reforms
Dr. Ikramul Haq According to a Press report, the International Monetary Fund (IMF) is looking forward to continuing discussions with the Pakistani authorities on the set of policies and reforms that could form the basis for completion of the sixth…
Taxes and social democracy
Huzaima Bukhari & Dr. Ikramul Haq “The perks culture has also held real estate development hostage for decades as officials seek to reward themselves through plots. Government sponsored developers such as the DHA and Coop societies dominate the real estate…
Countering corporate default and fraud
Dr. Ikramul Haq & Hassan Aslam Shad The reports of corporate corruption or cartelization by certain companies, within a particular sector, keep on appearing and fading in Pakistan with promises of punishing the culprits. It is a bitter truth that…
Huzaima Bukhari
“No organization can stay uncorrupt for long, be it a political party, a religious institution or a charity foundation – sooner or later the instinctual evils of greed and cruelty overwhelm the organization, fueled by its authoritative control over people.”― Abhijit…
“Inflation is taxation without legislation”
Dr. Ikramul Haq “Inflation is taxation without legislation—Milton Friedman—Editorial of November 11, 2009 in Wall Street Journal, titled, Taxation without Legislation The budget for fiscal year 2020-21 was made amidst very difficult times when the country was suffering immensely—in terms…
Environmental Crimes: An Emerging Challenge
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The Financial Action Task Force (FATF), as an inter-governmental and international watchdog body, is playing an important role to protect our financial system from those who intend to pollute it. The…
Pakistan: ML/CFT challenges in trade
Huzaima Bukhari, Dr. Ikramul Haq Trade is used as an ally for money laundering by misdeclarations of goods, under-invoicing and over-invoicing—Justice Ayesha Malik, paper read at International Judicial Conference 2012. The Financial Action Task Force (FATF) in its document, FATF…