How UN Designated Terror Groups Generate Funds in ‘FATF’ Greylisted Pakistan.
Sun Online Desk
17th February, 2021 09:27:49
It is February Pakistan will again be making a pitch for removal from the ignominious Grey List of the Financial Action Task Force (FATF).
In 2018, the country was placed in the list of “jurisdictions under increased monitoring”, more popularly known as the Grey List and was given an Action Plan comprising 27 Action Items for compliance pertaining to prosecutions, money laundering, terrorism financing, and targeted financial sanctions to choke the flow of funds to designated terrorist organizations, terrorists and their associates.
Some of these required Pakistan to make legislative and procedural changes while others required it to show demonstrative action against these entities.
FATF to question Islamabad on LeT, JuD and JeM funding
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Synopsis
Pakistan has convicted a few individuals on terrorism financing charges and have given them concurrent sentences, instead of cumulative sentences while ignoring their involvement in major terrorist cases and overlooking prosecution in the majority of cases.
Agencies
NEW DELHI: The FATF plenary meeting which begins on Monday is expected to examine Pakistan’s representatives on funding of proscribed groups Lashkar-e-Taiba, Jamat-ud-Dawa and Jaish-e-Mohammed and affiliates. Islamabad’s response will have a bearing on its continuance in the grey list of the anti-terror watchdog.
ET has learnt that Pakistan’s prospects of exiting the grey list are limited, given the unchecked fund-raising activities of LeT, JuD, JeM and affiliates. Their recent social media posts reveal an alarming trend of open activity, including fundraising, promotion of ‘jihad’ and training, according to persons tracking ac