Islamabad: Days after Financial Action Task Force rapped Pakistan for its inaction on terror funding and money laundering, Islamabad has spun into action and decided to launch a crackdown on terrorist groups including Jaish-e-Mohammad (JeM).
According to the Dawn, Pakistan’s Information Minister, during an interview, said that the government had taken a firm decision that there would be a stern action against all terror groups. This, he said, was in accordance with the political consensus contained in the National Action Plan (NAP).
However, the information minister refused to give any deadline for the operation against terror groups by saying that “the timeline was something for the security forces to decide.” The achievement of FATF’s 27 targets under a 10-point action plan has now become a top priority for the government, said sources.
The Financial Monitoring Unit of Pakistan issued 8,707 suspicious transaction reports (STRs) in 2018, up from 5,548 STRs in 2017.
While condemning the Pulwama terror attack of February 14, the Paris-based global financial watchdog, FATF, last month in a stern warning has reprimanded Pakistan for not doing enough to curb terrorism financing and money laundering.
Soon after the FATF condemnation, Pakistan ordered re-imposition of the ban on Jamaat ud Dawa (JuD) and Falah-i-Insaniat Foundation (FIF).
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