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

Urvashi Rautela iPhone: Thief sent mail to Urvashi Rautela, and made this big demand from the actress in return for returning the phone

Urvashi Rautela IPhone: Last Saturday, i.e. on 14th October, there was a fight between Pakistan a

Samantha-Naga Divorce: Telangana minister apologizes to Samantha, had given a controversial statement regarding the divorce from Naga

Telangana minister has apologized for linking KTR to Samantha-Naga's divorce. He said that he is

INDW vs AUSW: Indian women's team got a big setback, Harmanpreet will not play in the second ODI against Australia

The three-match ODI series between India and the Australian women's team is underway. The team le

UAN Activation Made Easy: Activate Your EPFO UAN via UMANG App Using Face Authentication

In a major digital upgrade for millions of Employees' Provident Fund (EPF) subscribers, the Emplo

Dictator Kim Jong's new weapon: North Korea tests Tactical Weapon Delivery System, will help in increasing nuclear capabilities

North Korea on Sunday tested a new weapon system to boost its nuclear power. According to the Kor

Conspiracy to shake Punjab failed: Large consignment of arms from Pakistan, 22 pistols, 44 magazines, and heroin recovered

The Pakistani conspiracy to shake Punjab has been foiled on Wednesday. Punjab Police and BSF have

Haryana government's big decision: Schools for children of class 10th to 12th will open from February 1

Amidst the growing threat of Corona, the Haryana government has decided to open schools for the c

Russia Ukraine War 10th day Update: Flight reached Delhi carrying Indians trapped in Ukraine, Russia is launching a dozen missiles every day

Russian military action in Ukraine has worsened the situation. Meanwhile, the plane has reached D

IND vs WI: Rohit Sharma continues as an opener; For the last 9 years, no batsman is even near him, see the figures

Team India under the leadership of Rohit Sharma has made a bang in the three-match ODI series aga

'Dad, you are Indian, we are Korean, so how can we marry an Indian?'; New twist in the suicide case of three sisters from Ghaziabad.

"Sorry Papa, I'm really sorry." These are the words from the suicide note of three innocent daugh

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