Pakistan gives befitting reply to FATF on Indian allegations in China

BEIJING (92 News) – In the in Financial Action Task Force (FATF) talks, India faced another humiliation being held in China after Pakistani delegation gave befitting reply on Indian allegations. A twelve member Pakistani delegation led by secretary finance Younis Dhaga attended the FATF meeting in China. Pakistan apprised FATF of its actions against terrorism and submitted its plan to curb currency smuggling by increasing security checks on inner and outer roots. The delegation also told FATF about the reforms being introduced in Madaris and about action taken against proscribed organizations.  Younis Dhaga told the meeting that Pakistan has put banned organizations in high risk list and their assets were freezed. The meeting was attended by delegations of USA, China, India, Germany, UK, Australia, Malaysia and Turkey. The Indian co chairman of FATF raised unnecessary questions to which Pakistan answered wisely. It said India has made several efforts in the past as well to politicize the proceedings at Financial Action Task Force. Prior to meeting in February this year, India circulated its own assessment of Pakistan’s progress and solicited immediate support for blacklisting the country. On several previous occasions, calculated leaks were made to the Indian media about the proceedings of FATF, which are strictly confidential. The FO statement further said these instances of politicization by India were brought to the attention of the President by the Finance Minister of Pakistan. It added that India’s attempts to politicize the proceedings in FATF against Pakistan call into question its credentials for co-chairing and being a member of the Asia Pacific Joint Group that reviews the progress made by Pakistan to implement the action plan.