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Global terror finance watchdog takes stern view of Pakistan, condemns Pulwama attack

In a major diplomatic victory for India post Pulwama terror attack, the global terror financing watchdog Financial Action Task Force has strongly condemned the ghastly attack that claimed forty CRPF personnel.

The FATF condemned the act at its plenary meeting that concluded in Paris.

The FATF went on to say that Pakistan has not done enough to curb the finances of terror groups like the Jaish-e-Mohammed and Lashkar-e-Taiba.

With Indian push, it emerged that Pakistan continues to remain in what is called the FATF ‘grey list’.

With Pakistan being on the list, it will be hard for it to avail international loans.

“Pakistan does not demonstrate a proper understanding of the terror financing risks posed by JuD, LeT, JeM, and persons affiliated with the
Taliban… Pakistan should continue to work on implementing its action plan to address its strategic deficiencies,” the FATF said.

Pakistan has until May 2019 to complete its action plan. If Prime Minister Imran Khan’s country does not meet the targets by October, it could be blacklisted.

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