NACTA signs multil­ateral MoU with 14 LEAs, instit­utions to curb money launde­ringISLAMABAD: Fourteen law enforcement agencies (LEAs) and other institutions have agreed to work together under the umbrella of the National Counter Terrorism Authority (Nacta) to eliminate terror financing from the country. Through this agreement, suggestions of Nacta’s National Task Force against terror funding would be implemented effectively. Pakistan takes another step towards reducing tensions with IndiaAll the said institutions will cooperate under the anti-money laundering Act 2010 and antiterrorism Act 1997. Apart from this, all institutions will be able to share confidential information regarding the terror financing through this contract. This will strengthen the communication between agencies and will also be facilitating the joint investigation teams (JIT) formed by the National Task Force.

Source: The Express Tribune April 09, 2019 19:18 UTC