Summary This is yet another evidence of India's relentless efforts to politicize the deliberations of FATF
ISLAMABAD (Dunya News) - Pakistan has regarded the statement issued by India regarding the Financial Action Task Force (FATF) report as preposterous and unwarranted.
In a statement, the Foreign Office said this is yet another evidence of India s relentless efforts to politicize the deliberations of FATF for its narrow, partisan objectives.
The statement added Pakistan has consistently shared its concerns on this account with the FATF chair and members in the past and drawn their attention to high level political statements and media leaks from India to cast Pakistan in a negative light and plead for Pakistan s downgrading.
The statement expressed hope that the broader FATF membership would take cognizance of this continuing malicious campaign and reject any attempt aimed at politicization of the FATF process by India.
Earlier, it was reported that Pakistan has successfully averted to fall into the blacklist by foiling India’s attempt at Financial Action Task Force (FATF) meeting which has decided to review Pakistan again in October.
According to the Finance Ministry’s statement, the FATF appreciated Pakistan’s measures on freezing accounts and assets of terror organizations and achieving other high goals. Pakistan will ensure to complete rest of the tasks in coming months.
In Florida meeting, FATF was informed about fake bank accounts, suspicious remittance, cancellation of banned organizations’ bank registration and various steps taken in bank sector.
According to the sources, Pakistani intelligence agencies helped overcoming the money laundering in the country which prevented funding to the terrorists. Even China, Turkey and Malaysia applauded Pakistan’s effort in achieving such goals.
FATF will review Pakistan again in October 2019.
