ISLAMABAD – Pakistan has officially objected to the inclusion of India inthe Financial Action Task Force’s Asia-Pacific Group on Money Laundering.
The APG is a FATF-style regional body for the Asia-Pacific region. Itconsists of 41 member jurisdictions and a number of observer jurisdictionsand international or regional observer organisations.
Finance Minister Asad Umar, has written a letter to the FATF president,urging him to replace India with any other country.
The minister highlighted that India has biased opinion and hostilitytowards Pakistan and New Delhi recently violated Pakistani airspace as well.
The finance minister added that Pakistan was complying with the action plandevised by FATF regarding money laundering and counter-terrorism financing,but India had been making political commentary against Pakistan despite itsefforts.
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Pakistan recently revised its list of banned outfits including HafizSaeed-led Jamaat ud Dawaa and its charity arm, Falah-e-Insaniat Foundationas part of its efforts to get out of the Grey List of FATF.
FATF also acknowledged Pakistan’s efforts but advised it to do more inorder to avoid being blacklisted.
