Why global watchdog FATF grey listed Turkey and how it is a blow to Pakistan
Published on Oct 22, 2021 02:34 PM IST
The global money laundering watchdog FATF placed Turkey under surveillance Thursday for shortcomings in combating money laundering and terrorism financing. The body placed Turkey on its grey list of countries under increased monitoring due to strategic deficiencies in their regimes to combat money laundering and terrorist financing. Turkey has reacted strongly to the grey listing, calling it unfair. The grey listing is not just a blow to Turkey but also to its closest ally Pakistan. Watch why in this video.