Altaf Hussain’s letter to the IMF's Managing Director Kristalina Georgieva

London: February 3, 2023:

The Muttahida Qaumi Movement or MQM supremo Mr Altaf Hussain has called for the documentation of plundered wealth and concealed property in all shapes and forms. 

He had written to the International Monetary Fund or IMF a day ago.

In his letter to the IMF, the MQM supremo requested the IMF authorities to make sure the spree of unbridled corruption in Pakistan in form of usurpation, plunder if taxpayers money is checked. In order to sanction any IMF programme, the IMF has to bind Pakistan to the fool proof documentation of all moveable and immovable properties owned by the government officers, plundered wealth. Or else, the IMF programme would have no result-oriented progress.

He asked the IMF's Managing Director Kristalina Georgieva to make sure that the burden of the IMF programme for Pakistan should address the inflation, control over poverty and that the elite plunderers must be brought in tax net.The stolen wealth of grade 17 to grade 22 officers in civil and military bureaucracy amounts to trillion dollars. The ghoulish plunderers have even procured islands abroad from the taxpayers money they stole, remarked the MQM supremo.

Mr Hussain requested the IMF MD to constitute at least a 100-member team for Pakistan with high expertise in investigation to supervise documentation of stolen wealth and prosperity within the country and abroad and make all documents public. This would not only expose the corrupt but it would facilitate the law enforcers to take appropriate legal actions.

However, the MQM supremo had doubted that the Government of Pakistan will not fulfil the task given by the IMF and will not reveal the details of the actual wealth robbed, assets and properties of Grade 17 to Grade 22 officers.While explaining his suggestions, he said that it is necessary for good and transparent relations with Pakistan which will keep full transparency and check on corruption. The wealth should be presented to the IMF and documented.

He further wrote in his letter that the spirit of this message is very clear and the steps suggested in it will ensure the transparency of the IMF program for Pakistan.