ISLAMABAD – Pakistan has officially objected to the inclusion of India in the Financial Action Task Force’s Asia-Pacific Group on Money Laundering.
The APG is a FATF-style regional body for the Asia-Pacific region. It consists of 41 member jurisdictions and a number of observer jurisdictions and international or regional observer organisations.
Finance Minister Asad Umar, has written a letter to the FATF president, urging him to replace India with any other country.
https://twitter.com/Asad_Umar/status/1104388935466315776
The minister highlighted that India has biased opinion and hostility towards Pakistan and New Delhi recently violated Pakistani airspace as well.
https://en.dailypakistan.com.pk/pakistan/fatf-acknowledges-pakistans-limited-progress-with-calls-for-do-more/
The finance minister added that Pakistan was complying with the action plan devised by FATF regarding money laundering and counter-terrorism financing, but India had been making political commentary against Pakistan despite its efforts.
Pakistan recently revised its list of banned outfits including Hafiz Saeed-led Jamaat ud Dawaa and its charity arm, Falah-e-Insaniat Foundation as part of its efforts to get out of the Grey List of FATF.
FATF also acknowledged Pakistan’s efforts but advised it to do more in order to avoid being blacklisted.
