Ch. Nisar Suspends Mastercard’s Agreement with NADRA - Information Technology News

Ch. Nisar Suspends Mastercard’s Agreement with NADRA

Interior Minister Chaudhry Nisar Ali Khan has taken strong notice of recent agreement between National Database and Registration Authority (NADRA) with MasterCard for financial transactions.

According to a statement issued by Interior Ministry, the said agreement was signed without taking written permission from the government, no one was ever consulted and it went through without considering the sensitive security issues.

The Interior Minister directed for an immediate suspension of the agreement.

He has also sought a reply from NADRA as to why and under which laws a foreign-based company was being given access to its records.

The minister said use of modern technology for foreign transactions is a good thing but there cannot be any compromise on the security of national database records.

He said no organization can be allowed to cross its mandate.

Previously SBP also initiated an investigation on the agreement, but since it’s not suspended, it is likely that SBP is going to drop the investigation.

Source: https://propakistani.pk/2017/01/27/ch-nisar-suspends-mastercards-agreement-nadra/

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