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Paris-headquartered Financial Action Task Force to be given dossier to blacklist Pakistan for terror links

by Agencies February 17, 2019 5:03 am
written by Agencies February 17, 2019 5:03 am
Paris-headquartered Financial Action Task Force to be given dossier to blacklist Pakistan for terror links
India's Bharatiya Janata Party (BJP) activists burn Pakistan's national flag during a protest in Mumbai on February 15, 2019, the day after an attack on a paramilitary Central Reserve Police Force (CRPF) convoy in the Lethpora area of Kashmir. - India and Pakistan's troubled ties risked taking a dangerous new turn on Friday as New Delhi accused Islamabad of harbouring militants behind the deadliest bombing in three decades of bloodshed in Indian-administered Kashmir. At least 41 paramilitary troops were killed on February 14 as explosives packed in a van ripped through a convoy bringing 2,500 troopers back from leave not far from the main city Srinagar. (Photo by PUNIT PARANJPE / AFP)

New Delhi: A dossier, nailing the culpability of Pakistan in the terror attack in Pulwama, will be given to the FATF, an international terror financing watchdog, to expose the nei­gh­bouring country’s links wi­th terrorism and seeking its blacklisting, officials said on Saturday. Security agencies are pre­paring the dossier with the evidence gathered so far related to the attack carried out by Pakistan-based Jaish-e-Mohammad and the help being provided to the outfit by the country, they said.

This will be a dossier on Pakistani agencies’ links with the JeM and how the terror group is being aided by them, a security official said. The details of the terror attacks carried out by the JeM in the past will be mentioned in the document. The Paris-headquartered Financial Action Task Force (FATF) will also be told via the dossier how the Pak agencies are providing funds to the JeM, the official said. In the next meeting of the FATF, India will also press for the blacklisting of Pakistan so that the action can be taken against the country, another official said.

The FATF plenary and working group meetings will be held in Paris next week. The FATF blacklist means the country concerned is “non-cooperative” in the global fight against money laundering and terrorist financing. If the FATF blacklists Pakistan, it may lead to downgrading of the country by multilateral lenders like IMF, World Bank, ADB, EU and a reduction in risk rating by Moodys, S&P and Fitch.

Pakistan has been put on the grey list of the anti-terror finance watchdog in July 2018. The FATF has 35 members and two regional organisations, European Com­­m­ission and Gulf Cooperation Council. North Korea and Ir­an are on the FATF blacklist.

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