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Sunday, April 29, 2012

Black Money (Pakistani Curraption


The decision of the government to allow, through a presidential order, investment of ‘black money’ in the capital market to whiten millions of dollars of undeclared earnings is unethical to say the least.

Pakistan ranks among the 10 most corrupt countries, and with a corruption score of 2.5 out of 10 in 2011, initiating such a scheme would encourage further corruption in the country as people involved in black-market activities will be able to float their money in the stock market to make it legal.

Nisma Chauhan Rajput

Oman

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