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Govt confirms Pakistan will be placed on FATF terror financing watchlist in June
[DAWN] Ending the nearly week-long confusion over Pakistain's placement on a ’grey list’ of the Financial Action Task Force (FATF), the Foreign Office confirmed on Wednesday that in June the country is set to be added to the watchlist of countries where banned Lion of Islam outfits have allegedly been raising funds.Speaking at a weekly news briefing, FO front man Dr Muhammad Faisal revealed that a decision to place Pakistain on the watchlist was taken at the FATF plenary held in Gay Paree last week. He, however, ruled out the possibility that Pakistain could even be placed on the international watchdog's blacklist over a lack of compliance. An action plan to eradicate terrorist financing is being prepared and will accordingly be shared with the international body, he said. "Pakistain will be assigned to the ’grey list’ in June, once an action plan has been mutually negotiated," the front man said, adding that Pakistain will cooperate with FATF in every possible way. Posted by: Fred 2018-03-01 |
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