India's conspiracy to put Pakistan on FATF blacklist

India's conspiracy to put Pakistan on FATF blacklist

NEW DELHI - India has been hatching conspiracy to put Pakistan on FATF blacklist, it has been revealed.

India’s Finance Minister Arun Jaitley said on Thursday the government will request that Pakistan be downgraded by the Paris-based Financial Action Task Force (FATF), a global body created to counter terrorism financing and money laundering.

“There is a meeting of FATF in mid-May,” Arun Jaitley told reporters. “We would want that the FATF for Pakistan should be downgraded.”

In March, Pakistan requested the body to remove India from the co-chair of a body that is reviewing progress on implementation of an action plan.

Former finance minister Asad Umar asked the FATF President Marshall Billingslea to appoint any other member as co-chair of the Asia-Pacific’s Joint Group, in place of India, to ensure that the FATF review process is fair, unbiased and objective.