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Sunday January 26, 2025

KP cabinet okays anti-money laundering regime

Public entities and reporting entities dealing in real estate agents will be registered as DNFBPs under FBR

By Bureau report
January 16, 2025
KP Chief Minister Ali Amin Gandapur chairs the 10th meeting of the cabinet at the Civil Secretariat on July 13, 2024. — Screengrab via Facebook/Ali Amin Khan Gandapur
KP Chief Minister Ali Amin Gandapur chairs the 10th meeting of the cabinet at the Civil Secretariat on July 13, 2024. — Screengrab via Facebook/Ali Amin Khan Gandapur

PESHAWAR: The Khyber Pakhtunkhwa cabinet on Wednesday approved several development projects.

These schemes and projects included the enhancement of the scope and costs of both the current Annual Development Programme (ADP) and also the approval of a number of non-ADP schemes.

The meeting of the cabinet was held under the chairmanship of Chief Minister Ali Amin Gandapur. It was participated by cabinet members, the chief secretary and all relevant administrative secretaries. The participants were informed that 518 decisions had been taken in 19 meetings of the provincial cabinet of which work over 486 had been completed.

The cabinet approved the implementation of the Anti-Money Laundering Combating the Financing of Terrorism (AML/CFT) Regime in the province. Under this regime, public entities and reporting entities dealing in real estate agents will be registered as Designated Non-Financial Businesses and Professions (DNFBPs) under the Federal Board of Revenue (FBR).

The public entities include government agencies involved in property development/transfer, local authorities managing public lands via auction, etc.

As per FBR reporting entity includes Revenue Officers involved in land transfer such as tehsildars, sub-registrars and naib tehsildars.

The Financial Action Task Force (FATF) considers DNFBPs may be used as a potential tool for channeling and parking of proceeds of crime. All these sectors have remained by and large undocumented and un-regulated in the perspective of money laundering and terror financing and were identified as high-risk and medium risk vulnerable for money laundering and terror financing under National Risk Assessment. The cabinet approved the re-inclusion of four AIP schemes of the Energy and Power sector as non-ADP schemes in the Provincial ADP 2024-25. The schemes are related to the construction of Grid stations in South Waziristan, Tirah Maidan in Khyber and Mamund in Bajaur districts.

The cabinet okayed the enhanced cost for the establishment of the Trauma Centre in District Headquarters Hospital Lakki Marwat to 698.046 million; and the Up-gradation of Talash Hospital, Lower Dir from Category D to C. It approved a one-time Rs20 million grant-in-aid to Mission Hospital in Dabgari Gardens Peshawar.

The cabinet approved the enhanced costs of the ADP Scheme Standardisation and Up-gradation of Sports compels playgrounds and Sports facilities in KP. It approved cost enhancement amounting to Rs583.349 million for scheme Standardization and Up-gradation of Sports Complex District D I Khan; and Special Grant of Rs 355.500 million @ of 0.5 million to each for Sports Activities in 711 Village/Neighborhood Councils of merged districts. The cabinet approved the signing of the grant agreement for the German Funded (KFW) Billion Tree Afforestation Support Project. This agreement is being signed for BTASP Phase II.

The German Ministry of Economic Cooperation and Development (BMZ) through KfW has provided a grant of 13.5 million euros for execution of the Billion Tree Afforestation Support Project (Phase-I) to the KP government. In the year 2022, the BMZ has committed additional funds worth 20 million Euros as a grant to BTASP-II to further support the protection of forest in the Province. The cabinet approved the transfer of possession of 37 Kanals & 7 Marlas in Dera Ismail Khan district from Agriculture Department to the Sports Department and the upgradation of Cat-B Hospital MTI, Mufti Mehmood Memorial Teaching Hospital, DI Khan from Category B to A.

This will enhance the bed strength of the hospital from 200 beds to 500 beds; and the upgradation of MTI, DHQ Teaching Hospital DI Khan from Category B to A. This will enhance the bed strength from 242 beds to 600 beds. It also approved the transfer of ownership of Government Land from the Agriculture Department to the Elementary & Secondary Education Department for Board of Intermediate and Secondary Education DI Khan; the transfer of 300 Kanal land from the Agriculture Department to the Elementary & Secondary Education Department for Girls Cadet College DI Khan.

It enhanced compensation to 146 victims of land mines and terrorism incidents; and the release of funds amounting to Rs 118.50 million for operational expenditure of TDPs camp Bakakhel, Bannu.

The cabinet approved recommendations of the implementation report of the High-level technical committee for analysis of lab test results for disposal of PASSCO imported wheat. It sanctioned Rs54.63 million grant for the Provincial Public Health Reference Laboratory Khyber Medical University Peshawar. The cabinet approved an amendment to KP initial appointment to civil posts (relaxation of upper age limit) Rules, 2008 for banning age relaxation for police posts.

Relaxation in Upper Age Limit Rules, 2008, shall be amended to expressly and explicitly ban age relaxation in the case of Provincial Police on the analogy of Provincial Management Service. It was emphasized by the Cabinet that henceforth no age relaxation whatsoever will be allowed for recruitment to the police force in the province. The cabinet accorded approval of non-ADP schemes namely “Beautification & Landscaping of Bannu Road from GPO to Babe-Dera DI Khan”at a cost of amounting to Rs20.440 million; and the enforcement of the Building Control Function of the PDA on Detour Road from Ring Road till District Revenue Limits (1.725 KM).

The cabinet directed to establish at least two graveyards in the vicinity of Peshawar on an urgent basis. The chief minister stressed the provision of such graveyards urgently with boundary walls. Previously it had been decided that a graveyard would be established in Moza Darmangi, Shah Alam Tehsil, Peshawar.

The cabinet approved a Non-ADP for “Land Acquisition/House Compensation of the Project Raising Baran Dam Bannu” with a cost of Rs 763.73 million.

It approved the appointment of two members for the Khyber Pakhtunkhwa Information Technology Board. The cabinet accorded approval for the inclusion of a scheme in ADP 2024-25 namely ‘Development Package for Upper Swat Development Authority’ at a total cost of Rs 1910.185 million.

The cabinet called for taking up the proposed amendment by the Federal Government to the IRSA Act 1992 to the Council of Common Interests. It approved the creation of eight officer posts for the security of Kurram Road under the district police officer.