JK News Today
Jammu, February 26:
Financial Action Task Force ( FATF) has kept Pakistan on grey list in a big blow to the Imran Khan government and military in the country known for supporting and promoting terrorism in the region.
The announcement was made by FATF President Dr. Marcus Pleyer at a press briefing from Paris on the outcome of the FATF’s four-day virtual plenary meeting, according to a report published Dawn newspaper on Friday
“ Pakistan remains under increased monitoring “, Pleyer said , adding that while Islamabad had made significant progress , there remained some serious deficiencies in mechanisms to plug terrorism financing.
Three out of 27 ( points) need to be fully addressed,”, he said, referring to the action plan agreed to by Pakistan , dawn reported.
While reiterating that Pakistan has made “ progress”, the FATF president said: “We strongly urge completion of the plan ( by Pakistan),” the newspaper quoted Pleyer as saying.
He said Pakistan “ must improve their investigations and prosecutions of all groups and entities financing terrorists and their associates and show that penalties by courts are effective . As soon as Pakistan shows it has completed these items, FATF will verify and members of FATF will vote.