(Overseas Pakistanis online bank accounts/investments)
I am a Canadian citizen for 25 years.
I worked here for over 12 years besides nice jobs in Pakistan for 20 years.
My 2 children and daughter in law are highly educated (PhD, Canadian CA and Real Estate) and highly placed here since finishing their education.
My question to you is
when overseas Pakistani opens an account in a Pakistani bank; online, invest in some funds,Takaful etc, we are asked to provide; proof of funds, salary slip, income tax info besides NICOP and passport. Currently in North America there are hundreds of
apps which you can download and with in 2 minutes transfer 5/10 Lac Ruppes to your IBAN account in Pakistan..
No government agency, office is involved and money is transferred in 3 seconds. When the government of Canada does not have a problem besides the fact that money is
going from their country to another, what is your problem to ask these personal questions? It should not be Pakistan government but Canadian who should ask but they don’t.
In this fast pace world, first you lost Billions of Dollsrs business by discontinuing a foreign currency
account and than you are loosing another Billions in this nonsensical financial policies.
Do you think anybody living in Canada or America is stupid who would money launder from Canada to Pakistan or is he trying to whiten his black money by sending it to Pskistan?
World has changed but follies in Pakistan remain the same.
Pakistan can never develop.
SHAFIQ KHAN, CANADA SEPTEMBER 20, 2021