Home News Reports Grey-listed Pakistan wants India removed from terror financing watchdog FATF's review body

Grey-listed Pakistan wants India removed from terror financing watchdog FATF’s review body

Pakistan also demands that India must not be allowed to make political speeches against Pakistan by using ICRG and FATF meetings as platforms.

Pakistan’s Finance Minister Asad Umar has requested Paris-based Financial Action Task Force, which has listed the country on its Grey-list, to remove India as its Asia-Pacific co-chair for well-known “animosity between two countries” and “unbiased review process”.

In a letter sent to the task force, Asad Umar appealed to FATF President Marshall Billingslea to appoint any other member country other than India as co-chair of the Asia-Pacific to ensure “review process is fair, unbiased and objective”.

The Joint Group is a sub-body of the FATF’s International Cooperation Review Group or ICRG of the Asia-Pacific Group. India’s Financial Intelligence Unit’s director general is the co-chair of the group. Asia-Pacific Group is presenting Pakistan’s case before FATF, of which it is a part.

- Ad - - article resumes -

In the letter, Asad Umar also writes that animosity between Indian and Pakistan is well-known and it also made a reference to India’s air-strikes on Pakistan after the Pulwama attack, as “another manifestation of India’s hostile attitude.” He also writes that “we firmly believe that India’s involvement in the ICRG process will not be fair towards Pakistan.”

India had called for the blacklisting of Pakistan during the ICRG’s plenary session on 18th February 2019. On this and India’s other efforts to isolate Pakistan globally, Asad wrote: “Indian presence among the evaluators and as Co-chair of the Joint Group would undermine the impartiality and spirit of the ‘peer review’ process.”

While assuring FATF of Pakistan’s full faith in accepting the measures suggested by it, Asad writes that India must not be allowed to make political speeches against Pakistan by using ICRG and FATF meetings as platforms.

Pakistan has been subject to various warnings by the global terror financing watchdog. Recently, FATF had released data stating 57% increase in suspicious transactions in the country.

FATF has also exerted pressure on Pakistan to fulfil the commitments it made to curb terror financing and money laundering risks to the global financial system.

India wants Pakistan which is currently listed on Grey-list, to be moved to blacklist for non-cooperation in the fight against terrorism and turning a blind-eye towards money laundering and terror funding. The next review of Pakistan’s progress will be undertaken by the FATF in June 2019.


Help Opindia Reach Every Indian. Share This Post
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.

Big Story

Sanjay Leela Bhansali set to produce an hour-long movie based on the life of PM Modi and is titled Mann Bairagi.

2019 World Cup Is Here!

Catch the latest on Cricket World Cup as it unfolds, special coverage by Opindia

To Advertise on Opindia.com Click here

‘Professional Congress’ member posts promotional tweets for 500 rupees, blames ‘social media manager’ after having defended tweet

Flipkart Big Billion Sale is here and well, 'Congress supporters' would like to earn a few quick bucks.

‘Kashmir free from shackles of Pakistan sponsored terrorism’: Pakistani org representing Pashtuns refuses to support Imran Khan’s Kashmir protest, backs India

Pashtun Tahaffuz Movement (PTM), the principal body representing Pashtuns in Pakistan, has rejected Prime Minister Imran Khan’s recent call to all people in which he urged them to come out and support Pakistan’s narrative on Kashmir. 

Prashant Kishor’s team starts reaching out to media and influencers with ‘paid content’ offers ahead of West Bengal assembly elections

Darjeeling Chronicle has exposed how Prashant Kishor led IPAC is reaching out to 'influencers' and digital portals to carry out paid campaigning for TMC and Mamata Banerjee ahead of 2021 West Bengal state elections

Suvarna news anchor wants scientist arrested for his sarcastic Tweet about ‘Mysore Pak’, claims his act was ‘seditious’

The anchor of Suvarna news, Jayaprakash Shetty has now asked for the arrest of scientist Ranganathan for claiming Mysore Pak belonged to Tamil Nadu in a sarcastic Tweet
Stopped for traffic rules violation, Delhi girl threatens suicide

Watch: Stopped by traffic cops, Delhi girl threatens with suicide, helmet attack and then her mother

The girl was reportedly stopped for the broken license plate on her two-wheeler. When the traffic police demanded to see the scooter's documents, she stated that she had no papers.
Image Source: twitter

Malala Yousafzai spreads fake news, claims girl from Kashmir missed her exams on August 12 which was an Eid holiday

According to Malala, one of the three girls from Kashmir missed her exams on August 12. However, August 12 is a notified holiday declared across the country by Government of India on the occasion of Bakr Id or Eid ul-Adha.

Kannada media spreads fake news, accuses Nirmala Sitaraman of ‘giving’ Mysorepak to Tamil Nadu

No one had expected that a huge controversy would erupt over the issue of Mysore Pak, which originated in Mysuru during the rule of Wodeyar dynasty.
Image Source: One India

Bengaluru: TV Anchor and her associates arrested for honeytrapping and kidnapping 68-year-old man

A senior police officer said that TV Anchor Ranjitha befriended the victim and invited him for a two-day trip to Bengaluru.
Sharad pawar invents a new excuse to shift the blame of the defeat in the Lok Sabha polls

Pakistan hospitable, BJP govt spreading lies about Pakistan for political gains: NCP supremo Sharad Pawar at minority event

NCP chief Sharad Pawar expressed his admiration for terror state Pakistan stating that the people of Pakistan are "very hospitable" while blaming BJP govt for spreading lies about Pakistan for political gains
Subscribe to Day's Top Stories
[newsletter_form type="minimal"]
- Advertisment -

Latest articles

Connect with us

Help Opindia Reach Every Indian. Share This Post