FATF’s noose stuck in Pakistan’s throat, last action on terrorists like Masood Azhar-Hafiz Saeed
The Financial Action Task Force (FATF) is a noose in Pakistan’s neck. If the government of Imran Khan wants to exclude the country from the gray list, it will have to take action against all the terrorists, including India’s biggest enemies, leaving the path of terrorism and implement the action plan given by FATF fully. The FATF has made it clear that Pakistan will have to work on the remaining six points by February 2021.
The six actions that Pakistan has not completed include failure to take action against Jaish-e-Mohammed leader Maulana Masood Azhar and Lashkar-e-Taiba leader Hafiz Saeed. In the last three days, a digital plenary session of FATF was held in which it was decided that Pakistan would remain in its gray list.
The decision was taken after a comprehensive review of Pakistan’s performance in meeting global commitments and criteria in the fight against money laundering and terrorist funding. “Pakistan will remain on the watch list or the gray list,” FATF President Marcus Pleier told an online press conference from Paris.
He said that Pakistan has so far failed to complete six out of a total of 27 action plans to curb financing of terrorism and as a result the country will remain on the FATF gray list. He said that Pakistan should ban and prosecute those involved in financing of terror.
The head of the FATF said, “Pakistan needs to make more efforts to stop the financing of terrorism.” The operation has failed to take action against UN-banned militants such as Zakir Rahman Lakhvi.
In addition, the FATF also noted that under Schedule Four of the Anti-Terrorism Act, the names of more than 4,000 terrorists suddenly disappeared from its official list, the sources said. The situation in Pakistan will now be reviewed at the next FATF meeting to be held in February next year.
This move of FATF has made it clear that Pakistan cannot remove the stain of terrorism with its eyes in the eye, it will have to take real action against terrorism. The FATF has said that Pakistan will have to show that the economic activities of terrorist organizations have been widely identified and banned. Pakistan will also have to show that the terror funding lawsuits have effective results and strict restrictions should be imposed.
The FATF has said that Pakistan should impose effective financial sanctions on terrorists named under 1267 and 1373 and those working for them, so that they cannot collect money in any way. Their properties should be identified and seized.
However, experts in Pakistan affairs say that it is very difficult for the neighboring country to work on these six measures. Pakistan has only two routes to either leave the path of terrorism or be prepared to be blacklisted by the FATF. Both these options are very difficult for him. Terrorism is the state policy of Pakistan and has used it as a weapon for years, in such a situation, it is very difficult to completely break away from the terror and if it does not do so then it will be blacklisted, Only financially poor Pakistan will be fascinated by every penny.