Pakistan to remain on ‘greylist’ of terror financing watchdog FATF - News Summed Up

Pakistan to remain on ‘greylist’ of terror financing watchdog FATF


Pakistan received another extension on the “greylist”, as the Financial Action Task Force (FATF) plenary session on Wednesday decided to continue all countries under scrutiny for Terror Financing and Money Laundering until October 2020. Also read: Pakistan retained on grey list of FATFThe FATF decision came even as the U.S. released its 2019 country report for terrorism, where the State Department said Pakistan had continued to “ serve as a safe haven” for regional terrorist groups. However, the report said Pakistan had played a “constructive role” in facilitating U.S. talks with the Taliban. Also read: Sub group of terror financing watchdog FATF recommends continuation of Pakistan in ‘Grey List’In September 2019, Pakistan and China moved the joint proposal to declare Mr. Dongara, an Indian engineer working in Afghanistan, as a sanctioned terrorist with links to groups like the Tehrik-e-Taliban Pakistan (TTP) and Jamaatul Ahrar (JuA). Pakistan has alleged the four Indians: Venumadhav Dongara, Ajoy Mistry, Gobinda Patnaik, and Angara Appaji were all involved in “funding terrorist activities”.


Source: The Hindu June 24, 2020 16:30 UTC



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