Financial Action Task Force (FATF) will decide whether to retain or removePakistan from its ‘grey list’ at the conclusion of its three-day plenarytoday.
Pakistan is hopeful of being taken off the grey list as the country hassuccessfully implemented the 27-point action plan against money launderingand terror financing (ML&TF).
Credible sources within the highest echelons of power claim that there isno excuse left for the FATF to retain Pakistan on its grey list as thecountry has implemented its action plan completely.
President FATF Dr. Marcus Pleyer will announce the decision regardingPakistan’s grey list status during a press conference at the end of thehybrid plenary later today.
Meanwhile, true to form, Indian media has upped the ante in the propagandacampaign against Pakistan as it is trying to influence FATF’s decision.
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Reports from across the border claim that Pakistan has failed to implementFATF’s action plan, adding that the country will either be retained on thegrey list or moved to the black list.
Regardless of the Indian propaganda, FATF has openly acknowledgedPakistan’s progress in the ML&TF domain through concrete, tangible andverifiable actions, overruling the country’s chances of moving to the blacklist. Like always, India’s plan of putting pressure on Pakistan will failthis time as well.
