Addressing his party-men here on Saturday he said that more than 8,000 criminals of MQM got relief and release through NRO, and the government had pardoned even their murderers and robberies. He said that in case of failure to do the same, Pakistan would be declared a high-risk country and the country's letters of credit (LC) would not be honoured abroad and there would be difficulties in international trade.
"Since Pakistan is a signatory to various UN conventions, it requires laws in line with international standards to combat money laundering. The existing Anti-Money Laundering Ordinance, 2007 had already expired on November 28, 2009. If the required upgradations are not made by that time, then anti-money laundering regulations would be non-existent in the country," he said.
Liaquat said that dollar was dying in the world market but it is strengthening in Pakistan against rupee. He opposed the appointment of administrator in local bodies institutions and said that local councils elections should be held on partisan basis. He said that JI Shoora had decided to take part in all by-elections.