A motion has been tabled with the Financial Action Task Force (FATF) by the United States and the its allies to place Pakistan on the watch list of countries which are considered ‘non-compliant with global anti-terror financing measures’, said an exclusive report of the Reuters.
The de facto finance minister of the country, Miftah Ismail told Reuters that UK and US had nominated Pakistan to be put on the FATF’s ‘grey list’.
“We are now working with the US, UK, Germany and France for the nomination to be withdrawn,” Ismail, who is the adviser to the prime minister on finance, revenue and economic affairs, told Reuters. “We are also quite hopeful that even if the US did not withdraw the nomination that we will prevail and not be put on the watchlist.”
The motion against Pakistan could be adopted at the FATF meeting scheduled to take place in Paris from February 18 to 23.
On Tuesday, Pakistan had ‘quietly’ promulgated an ordinance amending the Anti-Terrorism Act, 1997, a move which would end the ambiguity over the status of Jamaat-ud-Dawa chief Hafiz Saeed.
Saeed is accused by India to be the mastermind of the 26/11 Mumbai terror attacks.