Pakistan urges FATF for grey list removal

IANS
Islamabad, Pakistan Published: Jan 26, 2021, 08.42 PM(IST)

Pak rejects reports on its FATF Grey List Photograph:( Reuters )

Story highlights

Pakistan minister pleaded to the FATF President to either remove Pakistan from the grey list permanently or have the grace period extended

Pakistan has asked the global watchdog on money laundering and terror financing, the Financial Action Task Force (FATF) to remove the country from the grey list after it claimed to have seen the exposure of Indian propaganda by the European Union (EU) DisinfoLab.

Chairman Senate Standing Committee on Interior Senator Abdul Rehman Malik wrote a letter to the FATF President Marcs Player, requesting him to remove Pakistan from its grey list, stating that Islamabad's position has been vindicated and the Indian propaganda was exposed by the EU Disinfolab.

Malik pleaded to the FATF President to either remove Pakistan from the grey list permanently or have the grace period extended in order to have all pointers of the 27-point action plan implemented.

Also read| Pak PM calls for equitable distribution of COVID-19 vaccine and debt relief for poor countries

He maintained that Pakistan`s progress has been slow in the wake of the novel coronavirus outbreak, for which, Pakistan needs extension by the FATF to enable it to handle the virus outbreak with full potential.

"Covid-19 pandemic has already damaged Pakistani economy tremendously and the restrictions imposed because of FATF Grey List are further hampering our economy," he wrote in the letter to FATF President.

Malik maintained that the complaint against Pakistan is an orchestrated false claim by India to vent out its political vendetta.

Also read| US updates travel advisory to citizens for Pakistan, Bangladesh, and Afghanistan

"FATF`s restrictions are negatively impacting the lives of ordinary people of Pakistan, I once again request you to please dismiss the complaint against Pakistan as it was manoeuvered by India for its political vendetta against Pakistan, which has now been fully exposed by EU Disinfolab as to how India made fake, baseless and venomous propaganda to harm the reputation of Pakistan.

"The background work of the Indian propaganda based on criminal activities of Indian government stands fully exposed which you may like to refer and peruse on the DisinfoLab official website," he added.

Also read| Arab world is making Pakistan pay and plan is to mortgage the largest park

Making the letter public during a press conference, Malik referred to a report by the UN, which stated that Islamic State (IS) terrorists were operating in at least two states of India.

"The UN report on terrorism has warned that there is a significant number of ISIS terrorists in two states of India, namely Kerala and Karnataka and proven facts that India is financing and supporting terrorism," he said, adding that FATF has still not initiated any action on the serious matter against New Delhi.

Pakistan has been calling on FATF to remove its name from the grey list as its crippling economy is making lives of locals more and more difficult with each passing day.

However, the FATF has reiterated that Pakistan needs to curb on terror-financing and money laundering if it wants to see its name removed from the grey list and also save itself from being pushed into the blacklist.

Read in App