Biggest pressure from FATF, says Ajit Doval as Pakistan seeks to dodge blacklist | Latest News India - Hindustan Times
close_game
close_game

Biggest pressure from FATF, says Ajit Doval as Pakistan seeks to dodge blacklist

Hindustan Times, New Delhi | ByHT Correspondent
Jul 10, 2020 05:08 PM IST

Doval’s remark at a conference of police officers overseeing anti-terrorist operations comes even as the FATF meeting is underway to track steps taken by various countries to curb terror funding.

As a delegation led by Pakistan’s economic affairs minister attempts to persuade the anti-terror financing watchdog, National Security Adviser Ajit Doval on Monday described the action being taken by the Financial Action Task Force (FATF) is creating a big pressure on Islamabad to act against terror.

India’s National Security Adviser Ajit Doval on Monday described the action being taken by the Financial Action Task Force (FATF) had created a big pressure on Islamabad to act against terror.(Photo: Reuters)
India’s National Security Adviser Ajit Doval on Monday described the action being taken by the Financial Action Task Force (FATF) had created a big pressure on Islamabad to act against terror.(Photo: Reuters)

Doval’s remark at a conference of police officers overseeing anti-terrorist operations comes even as the FATF meeting is underway to track steps taken by various countries to curb terror funding.

Hindustan Times - your fastest source for breaking news! Read now.

“One of the biggest pressures that have come on Pakistan today is because of the proceedings of Financial Action Task Force (FATF), it has created so much pressure on them that probably no other action could have done,” NSA Ajit Doval said.

The FATF is expected to decide whether to retain Pakistan in the watchdog’s “grey list” or downgrade its status to the “black list”. If Pakistan is put on the blacklist, it could entail extensive economic sanctions and impact a $6-billion bailout programme with the IMF. According to Pakistan media reports, Islamabad has had to reach out to friendly countries to stop any effort to place Pakistan on the FATF blacklist at the ongoing session.

ALSO WATCH | PM Modi will take care of it: Trump when asked about Pak-sponsored terror

 

Pakistan was placed on the grey list last year, and a string of assessments to monitor compliance with the watchdog’s terror financing standards have found that the country has failed to deliver on most components of a 27-point action plan.

Indian counter-terror officials have attributed action against terrorists in recent months to Pakistan’s anxiety to demonstrate that it was serious in the fight against terrorism. But there is concern that these steps might be temporary, particularly since Pakistan has a long history of catching and releasing terrorists operating from its soil.

Unveiling 'Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections. Watch now!

Get Current Updates on India News, Lok Sabha Election 2024 LIVE along with Latest News and Top Headlines from India and around the world.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Tuesday, March 19, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On