Pak delegation arrives in Geneva for talks on return of $200 billion stashed in Swiss banks

GENEVA, Aug 25 (INP) A team of senior officials of Ministry of Finance and FBR reached here on Monday for talks with Swiss officials for the return of $ 200 billion stashed n Swiss banks by Pakistani nationals.

Formal talks between Pakistan and Swiss officials would be held today (Tuesday) for avoidance of double taxation and return of the plundered money from Pakistan. The Pakistani officials would be able to get inform from Swiss banks under amendments made in Swiss laws after pressure from the United States and some other major European powers.

Sources said that Pakistan has sent its delegation to Geneva after some positive assurances by the Swiss government.


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