ISLAMABAD: Pakistan has rejected Indian contentions regarding Pakistan on FATF-related matter and termed the statement issued by India regarding the FATF report as preposterous and unwarranted.
According to a statement issued by the Foreign Office on Saturday, this is yet another evidence of India’s relentless efforts to politicize the deliberations of FATF for its narrow, partisan objectives.
It said Pakistan has consistently shared its concerns on this account with the FATF chair and members in the past and drawn their attention to high-level political statements and media leaks from India to cast Pakistan in a negative light and plead for Pakistan’s downgrading.
“We hope the broader FATF membership would take cognizance of this continuing malicious campaign and reject any attempt aimed at politicization of the FATF process by India,” Pakistan hoped.
Pakistan has until October to improve its counter-terror financing operations in line with an internationally agreed action plan or face actions against it, the global watchdog had said on Friday.
The FATF has urged Pakistan to swiftly complete its action plan by October 2019 when the last set of action plan items is set to expire. The FATF already has Pakistan on its grey list of countries with inadequate controls over curbing money laundering and terrorism financing. But India wants Pakistan blacklisted, which would likely result in sanctions.
