Pakistan to remain on 'grey list' of terror financing watchdog FATF; Turkey new addition
In addition to Pakistan, Turkey was added to the 'grey list,' with the FATF citing the country's terror financing for Al Qaeda. Jordan and Mali have also been added to the "grey list," after agreeing to an action plan with the FATF.
Pakistan will remain on the 'grey list,' according to the Financial Action Task Force (FATF), which concluded its three-day October plenary on Thursday because it needs to demonstrate further evidence of terror financing investigation and prosecution of leaders and commanders of UN-designated terrorist groups and their associates. Pakistan is still on the FATF's "enhanced surveillance list" (grey list), according to FATF President Marcus Pleyer at a virtual news conference from Paris. He further said that Pakistan needs to demonstrate further several essential steps, prove that investigations and prosecutions are being pursued against the senior leadership of UN-designated terror groups.
Although not as severe as black listing, placement on the 'grey list' indicates that a country is striving to correct shortcomings that have been identified. Pleyer stated that Pakistan has two parallel action plans against UN-designated terrorist organisations and the other against money laundering and 34 action plan elements.
In addition to Pakistan, Turkey was added to the 'grey list,' with the FATF citing the country's terror financing for Al Qaeda. Jordan and Mali have also been added to the "grey list," after agreeing to an action plan with the FATF. Meanwhile, Botswana and Mauritius have been removed from the list. The FATF kept Pakistan on the grey list during its most recent virtual plenary meeting in June, citing the country's failure to investigate and prosecute leaders of UN-designated terrorist organisations effectively. The global watchdog on terror financing has requested that Pakistan implement a new action plan to combat money laundering and terror funding.
Jaish-e-Mohammed (JeM) head Azhar, Lashkar-e-Taiba (LeT) founder Saeed, and its 'operational commander' Zakiur Rehman Lakhvi are UN-designated terrorists based in Pakistan. Azhar, Saeed, and Lakhvi are the most wanted terrorists in India for their roles in several terrorist incidents, including the 26/11 Mumbai terror strikes and the 2019 bombing of a CRPF transport in Jammu and Kashmir.