MONTHLY TBML-RELATED STRS' VOLUME SURGES BY 398%-ADB PAGE3/3

MONTHLY TBML-RELATED STRS' VOLUME SURGES BY 398%-ADB 

Courtesy to Daily BR      PAGE-3/3

Specific country TBML routes analysis is available with the FIUs, but for the purpose of this brief, some FIUs provided aggregate data per their preference. new STR-TBML data elements. The law enforcement agencies also praised how the initiative has enabled them to utilize the financial intelligence, which aids in the detection and prevention of illicit financial activities.


The pilot introduced new trade-related data elements into STRs, resulting in countries reporting a significant increase in the number of suspicious trade transactions—for instance, 398 percent higher for Pakistan and 148 percent higher for Bangladesh—and higher-quality information that could translate into increased investigations of potential TBML cases. The pilot also enabled participating countries to identify which goods and trade routes are more susceptible to TBML. This new insight will help authorities understand the current and evolving modus operandi of suspected criminals involved in TBML.

Comments

Post a Comment

Popular posts from this blog

PAKISTAN:A SOCIETY OF PARASITES

PAKISTAN: A PRASITE SOCIETY. It won't be stunning to look on Pakistan society from altogether a different angle during the times of natural calamities or economical disasters in the country, segment-wise: ▪GOVERNMENTS, BOTH FEDERAL/PROVINCIAL. Interestingly, Federal government and provincial governments eagerly await deadly rains and floods in order to start raising begging bowls before rich Arab countries to receive zakats, donations and charities; that, instead of reaching out to affectees are straight away diverted to profiteers and approved hoarders of govt functionaries. ▪ POLITICIANS/BUREACRATS. The role of ministers,CMS and Civil bureaucracies is, not only pathetic and shameless but, inhuman and unkind too towards, the suffering humanity during calamitous and difficult times.  90% of the commodities received in aid from International Donors including, tents and food stuffs are directly sold out to profiteering and greedy class of businessmen on nominal rates. ▪INDUSTRIALISTS...
Read more

PAKISTAN'S ZOBIE POWER SECTOR

[Following Article written by renowned Pakistani Economist, taken from X with profound thanks] Pakistan's zombie power sector Zombie firms are firms that are fundamentally insolvent but are kept alive through subsidies from others. In simpler words, the cost of running these firms far exceeds what these firms can generate as revenue from fair market - yet they are kept alive through artificial life support. Zombie firms come straight from a horror movie - they stay alive by sucking the blood of healthy firms in the economy, killing more firms in the process. Pakistan’s entire power sector has become a zombie sector - and it is sucking the blood out of the rest of the economy. The proof is simple: Pakistan is selling electricity at one of the highest prices in the world, about 21 cents per kWh (with taxes), and yet the sector as a whole runs in a loss. The true market price of electricity should not be more than 8-9 cents per kWh (just look at neighboring India), but the governmen...
Read more

AMERICA:THE FALLING HOPE.

Fast rewind into American history when, it Atom bombed Hiroshima & Nagasaki, the two vibrant cities of Japan IN WW-2 killing, wounding and inflicting physical/mental disabilities upon more than 10 million innocent Japanese. Then came the worse massacre, an act of near-to-genocide of Vietnamese in Vietnam war to grab their resources in a failed attempt that was thwarted by valiant Vietnamese. Habitually American Establishments, the blood-suckers of poor, weak and dependent nations didn't stop there this time; making big strategic blunder and misadventured into Iraq, Syria, Yemen and Afghanistan,the toughest and more resilient MUSLIM block countries where it faced with hundreds of thousands of fatalities counting to more than WWI, WW2 and Vietnam combined. Learning too little from its past & hard to fight face-off battles, American war-hawks came up with fresh approach to Fight-thru-Proxy, the ZIONIST ISRAEL,following the foot prints of IRANIAN STRATEGY, A FAILED ONE.  USA op...
Read more