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2020-10-25 India-Pakistan
Pakistan Hopes Dashed, Remains On Terror Financing List Till 2021
[KhaamaPress] Pakistain’s hopes were dashed as the global watchdog on terror financing and money laundering FATF ruled against taking Pakistain off the grey list.

The decision was taken on Friday during the virtual plenary meeting of the FATF.

Despite many efforts, Pakistain has not been able to get out of the grey list, according to FATF, Pakistain had not met the conditions for removing the country from the gray list and was once again on the list.

FATF said in a statement, that Pakistain had complied with 21 of its 28 conditions.

Pakistain has long been accused of supporting terrorist groups and has repeatedly denied such allegations. The country has been on the global terrorist grey list since June 2018, this list usually includes countries that support terrorist groups as well as money laundering.

Pakistain is reported to remain in the grey list until February 2021, and upon fulfilling the requirements of FATF. The FATF is an inter-governmental body established in 1989 to fight money laundering, terrorist financing, and other related threats to the integrity of the international financial system.

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[OneIndia] It is clear that Pakistain's efforts along with the backing of China to wriggle out of the grey list has not worked. To ensure that it also got the backing of the United States, Pakistain had appointed a lobbying firm Linden Strategies to push its case with the Trump administration.

On its website, Linden Strategies says that it is a government relations and business development firm providing strategic analysis and advisory to domestic and international clients, including sovereign nations. Our team of experts has a vast wealth of experience across government and commercial enterprise and our clients span the globe.We specialise in government relations, strategic communications, business advisory, and political consulting, the firm also says along with the tagline, 'complex issues. Discrete strategies. Winning results.'
Posted by trailing wife 2020-10-25 02:18|| || Front Page|| [19 views ]  Top
 File under: Govt of Pakistan 

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