Global watchdog places Pak on terror 'grey list'

Postado Fevereiro 24, 2018

Soon after the watchdog's statements were issued, Geo News quoted Alexandra Wijmenga-Daniel, manager communications for the FATF, as confirming that Pakistan was not added to the so-called grey list and that the FATF was not responsible for any reports making claims to the contrary.

While the next plenary of FATF three months later would review the decision to put Pakistan on 'grey list, ' it is an opportunity for India to build up a strong case for continuing with it. India must pursue this and also the United Nations sanctions against Hafiz Saeed with new vigour, and coordinate action with the U.S. to get Islamabad to close terror training camps and infiltration of terrorists into Kashmir. Similarly, Pakistan was not mentioned in a statement mentioning the outcomes of the FATF's plenary meeting.

The United States, Britain, and France, and Germany put a motion before the task force to put Islamabad back on the list out of concern it is not doing enough to fight militants.

Pakistan's last-minute efforts to avoid being placed on the list, which included taking over bodies linked to a powerful Islamist figure, proved insufficient, India's Republic news service and Times Now television channel said.

These groups are on the list of organizations sanctioned by the United Nations Security Council.

Going back on the grey list would be an "embarrassment" for Pakistan; it could damage its economy, too.

Even before the final vote, Pakistan made last-minute efforts to make the global community believe that it was cracking down on Saeed-linked JuD and FIF.

Unlike the NSG where one lone voice also counts, the FATF decides by majority and China made a decision to withdraw its objection to the nomination, allowing consensus to prevail, sources said. The group's founder, Hafiz Muhammad Saeed, remains free despite an American bounty of $10 million.

Pakistan reportedly lobbied Western countries for support; it even asked Russian Federation to stop its inclusion in the FATF watch list.

The spokesman underlined that the Trump administration pushing Pakistan on to the FATF grey list was a clear violation of the FATF.

If a country is included on the global money-laundering watchdog's grey list, it will lead to tighter scrutiny of its transactions from regulators and global financial organizations.

Pakistan was on the FATF watch list from 2012 to 2015, then only on issues of money laundering. If Pakistan is added to the list, doing business, there could become hard. Pakistan already has deployed 1,500 troops in Saudi Arabia. A report of actions taken by Pakistan government to comply with FATF requirements was also presented at the Paris plenary.

Only Turkey is confirmed to have opposed the US-sponsored resolution in the Paris meeting until the end.

The resolution for adding Pakistan back to FATF's watch list was moved by the US.

The move is part of a broader US strategy to pressure Pakistan to cut alleged links to Islamist militants waging chaos in neighboring Afghanistan.

The FO spokesman added that Pakistan's name being taken off the grey list was acknowledgement of the country's robust mechanism against money-laundering and terror financing, which he said was in line with worldwide standards.