Pakistan

ISLAMABAD (APP) – The Indian media, always active in undue bashing, has now become appreciative of Pakistan’s efforts for curbing terrorist financing by comparing it with Indian steps on the basis of statical evidence.


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Pakistan has beaten India in cracking down on entities and individuals involved in terrorist financing, a report by an international organization working against money laundering and terrorist financing has said.

The report by the Financial Action Task Force (FATF) published in the Indian daily ‘The Hindu’ says that India acted against 37 entities and individuals till August, whereas Pakistan booked 117
people.

The FATF conducted a mid-session review of various countries and economic powers in the wake of the increased activities of Islamic State (IS) around the globe.

India is a full-member of the FATF, along with the US,France, Germany and the United Kingdom among others. “In the light of the growing threat of ISIL (Islamic State of Iraq and the Levant) and other terrorist groups, the FATF has renewed focus on the global threat of terrorist financing and
terrorism,” says a report prepared for perusal by G20 leaders.

The report is a fact-finding initiative to determine whether all jurisdictions in the global anti-money laundering and counter-terrorist financing network have implemented key measures to cut off
terrorism-related financial flows in accordance with the FATF recommendations.