Will Pakistan be included in the FATF blacklist like North Korea and Iran?


Posted on 15th Sep 2020 03:47 pm by rohit kumar

For some time, Pakistan has been struggling to remove its name from the gray list of FATF.

 

In June 2018, Pakistan was put on the gray list by the Financial Action Task Force, an international organization that monitors the financing of financial irregularities, money laundering, and extremism around the world. Generally, monitoring of the countries falling in this list is increased.

 

Did you know?Explore Trending and Topic pages for more stories like this.

Pakistan was given time till October 2019 to implement law and regulatory measures against the ongoing fight against money laundering and terror funding, which was further extended for four months.

 

In February 2020, assuming that Pakistan had taken action on only 14 of the 27-point action plan, the FATF retained Pakistan in the gray list because of the shortfall in many areas regarding these actions.

 

Now the FATF officials are going to have a meeting between 14-21 September where once again the actions taken on the remaining 13 points of Pakistan will be reviewed.

 

Like North Korea and Iran

 

This will be followed by a plenary meeting in October where it will be decided whether Pakistan will remain in the gray list or go to the white list or will be blacklisted like North Korea and Iran.

 

Meeting in September, Pakistan's government has said that it has prepared eight bills to amend the current anti-money laundering and financing law of extremism.

 

It set up a joint committee consisting of 24 government and opposition MPs to form a consensus on these bills, where the government does not have a majority in the upper house of Parliament, so it was forced to do so.

 

Since then, Parliament has so far passed six out of eight bills with the support of the opposition. However, military influence is also believed to be behind this very special consensus.

 

Arrested and convicted

The FATF Action Plan has specifically asked Pakistan to show banned organizations and convicts by punishing them under the law and confiscating their properties.

 

As before, the government of Pakistan has done the work of punishing and banning many high profile people before the FATF meeting.

 

In August, Pakistan announced sanctions against 88 people belonging to various extremist groups, including Islamic State, Al Qaeda, and Tehreek-e-Taliban Pakistan.

 

Likewise, Hafiz Saeed, the founder of anti-India Lashkar-e-Taiba and founder of his charity wing Jamaat-ud-Dawa, was accused of funding terrorism on August 27 before the FATF meeting in February. Pakistan court has been found guilty of the charge.

 

However, keeping in view the history of arresting the miracles (including Saeed), from arrest to release, it will continue to monitor how it is seen in front of FATF.

 

Diplomacy

Apart from complying with the action plan, Pakistan is also hoping to get help from its diplomatic relations in this matter. In the past, the support of Turkey, Malaysia, and China has been important in keeping Pakistan away from the blacklist.

 

Meanwhile, China is also pushing Pakistan to step up its efforts against extremist organizations and fulfill the demands of FATF.

 

According to reports in the Indian media, during his recent visit to Beijing, Pakistan Foreign Minister Shah Mehmuah Qureshi has sought support from China for the upcoming plenary meeting.

 

Pakistan is also hoping that its role in facilitating Afghanistan's peace process will also positively affect the US position in the FATF meeting.

 

It is believed that the US has persuaded Saudi Arabia to withdraw its decisive vote against Pakistan so that Pakistan can be excluded from the gray list of 2018.

 

Pakistan has also been playing an important role in persuading the Taliban for important talks in US President Donald Trump's plan to withdraw US forces from Afghanistan.

 

In August, Pakistan has ordered the UN Security Council to impose sanctions against the Afghan Taliban, no doubt due to the FATF meeting.

 

It has also hosted a high-level Taliban delegation considered to be extremely important as the next step towards the peace process.

 

The challenges

However, there are some things which are coming in the way of all these efforts of Pakistan.

 

Especially India's complaints that Pakistan has not yet stopped supporting extremist groups operating from their country.

 

In August, the National Investigation Agency (NIA) in India recorded a 13,500-page report that named 19 people, including the head of Pakistan-based extremist group Jaish-e-Mohammed, Maulana Masood Azhar, who allegedly administered India in 2019. CRPF squad was attacked in Pulwama and 40 security personnel were killed. Indian officials claim that there is irrefutable evidence in this report about Pakistan's role in the Pulwama attack.

 

What is going on in the local media?

 

Pakistan's media is closely covering the decisions of the FATF and the government's efforts on its demand.

 

The efforts of the government have been appreciated in the media. On August 1, an editorial in the English newspaper Pakistan Today wrote, "If Pakistan survives from being blacklisted ahead of FATF, the way the government has so far made a motion to stop money laundering and financing should not be reduced. "

 

Similarly, Amir Rana, an expert on security affairs in the World News talk show "Duniya Kamran Khan Ke Saath", said that "Pakistan's report on 13 points is very satisfactory, which is to be reviewed in October" and he predicted that Pakistan Will be removed from the gray list.

 

However, most of the media coverage focused on the confrontation between the government and the opposition.

 

The opposition has been repeatedly accusing the government of violating the agreements made in the 24-member committee, while the government says that the opposition is supporting its laws on the FATF for concessions.

 

At the same time, the opposition parties claim that the government is trying to take autocratic powers under the guise of related legal amendments related to FATF. This argument was also discussed in the media.

 

Don wrote, "Under the guise of enacting laws related to FATF, the government secretly tried to introduce an 'Economic Terrorism' bill which is very unethical and dangerous. In the proposed law any recommendation on the committee made of intelligence agencies There is a provision to keep the citizen in custody for 180 days. Fortunately, the opposition dropped it. "

 

At the same time, the nationalist Urdu daily Nawa-e-Waqt wrote to the opposition urging the government to compromise, "Pakistan needs this bill today because it is allegedly needed in FATF. This is a very absurd argument because Pakistan is its Report of activities that have already been submitted to FATF.

1 Like 0 Dislike
Previous news Next news
Other news

Shubman Gill: Preparation for the new team and new captain, Shubman Gill, will captain in ODIs on the Australia tour!

26-year-old Test captain Shubman Gill is likely to be appointed captain of the Indian team for th

US reaction on PM Modi's comment 'Today's era is not of war', America told India a major ally

Will come on India tour on 1st March. Before that America reacted regarding its relations with In

Global Patidar Business Summit: PM Modi will inaugurate the Global Patidar Business Summit today, the program will run for three days

Prime Minister Narendra Modi will inaugurate the Global Patidar Business Summit (GPBS) in Surat,

'The one who eats beef is Lord Shiva's...' Rajasthan BJP state president gave a controversial statement about Rahul Gandhi.

Rajasthan BJP chief CP Joshi has made a controversial statement about the Leader of Opposition in

Disillusioned with Congress or Gandhi's family: Why did Rahul Gandhi's core team disintegrate, where are the leaders from Congress today and what are they doing?

Between 2016 and 2021, Congress has suffered the most. Meanwhile, 170 MLAs from different states

Election Commission's strict review today: The ban on the rally continues, because in the last 6 days, 150% daily cases increased in UP and 112% in Punjab

The Election Commission is going to review today whether campaigning should be relaxed in the ass

Arvind Kejriwal: Kejriwal will play an emotional card in Haryana...but the path is not so easy for the AAP

After getting bail from the Supreme Court in the Excise Policy Scam case, Arvind Kejriwal of Delh

Ranbir-Alia: Ranbir Kapoor-Alia Bhatt gave a special gift to fans on Christmas, showed the face of daughter Raha for the first time.

Ranbir Kapoor and Alia Bhatt are two of the biggest stars of Bollywood. They are one of the most

Corona kills: Two thousand crore industry related to publishing hangs, 1400 employees become unemployed

During the corona epidemic, the Meerut city-locked industry worth Rs 2,000 crore is locked up. Pu

Bangladesh categorically refuses to stop the Pakistani warship, Sri Lanka has given permission, and China has given a gift

Sri Lanka has approved the port call of the Chinese-made Pakistani Guided Missile Frigate PNS Tai

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash