Pakistan

Indian Confession of Politicizing FATF: Pakistan To Approach Forum’s President

ISLAMABAD: Pakistan has decided to approach President of Financial Action Task Force (FATF) after confession made public by the Indian government that it politicized the forum.

Foreign Office spokesperson said on Monday that “following the recent confession by Indian government, India’s credentials for assessing Pakistan in FATF as co-chair of the Joint Group or for that matter any other country are subject to questions, which we urge FATF to look into.”

It may be recalled that the Indian External Affairs Minister S. Jaishankar on July 18 had confessed that “the Narendra Modi government ensured that Pakistan remained on the grey list of FATF”.

Foreign Office spokesperson Zahid Hafeez Chaudhry in response to the queries by media persons on India’s disagreeable role in the FATF greylisting of Pakistan, said that “the Indian statement not only exposes its true colors, but also vindicates Pakistan’s longstanding stance on India’s negative role in FATF”.

He mentioned that Pakistan had always been highlighting to the international community the politicization of FATF and undermining of its processes by India.

“The recent Indian statement is just further corroboration of its continued efforts to use an important technical forum for its narrow political designs against Pakistan,” he said, adding that while Pakistan has been sincerely and constructively engaged with FATF during the implementation of the Action Plan, “India had left no stone unturned in casting doubts on Pakistan’s progress through disgraceful means”.

“Pakistan has been exposing India’s duplicitous role to the international community in the past and it will also bring this recent confession by India to the notice of FATF and broader international community,” he said.

The Spokesperson said Pakistan’s immense progress in Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) domain demonstrated through concrete, tangible and verifiable actions had been openly acknowledged by FATF.

“We are resolved to sustain this momentum and trajectory with the support and cooperation of our international partners. India’s delusions of putting pressure on Pakistan have always remained unfulfilled and would never see the light of day,” he said.

The FO Spokesperson said despite distractions including politicization of FATF processes by certain jurisdictions, Pakistan reaffirmed its commitment to bring its AML/CFT systems to international standards for its own good and also tofulfill its international obligations and commitments.

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