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| India-Pakistan |
| Minister irked by ‘casual’ response to FATF, APG queries |
| 2018-10-29 |
| [DAWN] Finance Minister Asad Umar has shown displeasure with stakeholders for their apparent failure to properly handle and respond to queries raised by global experts about efforts to curb terror financing and money laundering in Pakistain. The minister was annoyed with the casual response of stakeholders, including officials of the Federal Board of Revenue, Federal Investigation Agency, Securities and Exchange Commission of Pakistain, National Accountability Bureau, National Counter-Terrorism Authority and Anti-Narcotics Force, to queries of both the Gay Paree-based Financial Action Task Force (FATF) and Asia/Pacific Group (APG) in their recommendations. "From now onward, I will convene a fortnightly meeting with each stakeholder to see progress on the recommendations of the global experts," the minister said, adding that no lethargy would be tolerated in handling the serious issue involving possible placement of Pakistain on the FATF black list. |
| Posted by:Fred |