BANKERS are held responsible for black money/laundered money deposited by account-holders. But on the other side, the government is announcing amnesty schemes for the corrupt. What will be the value or efficacy of the Anti-Money Laundering Act?

There are many cases in which the person who has earned the money through corruption is free and enjoying all the pleasures of life within or out of country. Yet the banker who unfortunately oversaw the account of that corrupt person is being penalised as if he were the real culprit.

Zeeshan Atta Memon

Hyderabad

Published in Dawn, April 22nd, 2018