Pakistan on FATF grey list because of ‘Narendra Modi’s govt’, Pak to take action

Indian External Affairs Minister S Jaishankar admitted that Pakistan is on the grey list of the Financial Action Task Force (FATF) because of the “efforts of Narendra Modi’s government”.

Jaishankar, while addressing the Bharatiya Janata Party (BJP) leaders, said, “Prime Minister Narendra Modi’s personal efforts made on forums like G20 or G7 made nations realise that terrorism is everyone’s problem.”

“FATF, as all of you know, keep a check on fundings for terrorism and deals with black money supporting terrorism. Due to us, Pakistan is under the lens of FATF and it was kept [on] the grey list. We have been successful in pressurising Pakistan and the fact that Pakistan’s behaviour has changed is because of pressure put by India by various measures. Also terrorists from LeT and Jaish, India’s efforts through UN, have come under sanctions,” Jaishankar reportedly told the BJP leaders, according to The Print.

The Foreign Office (FO) responded by saying that the Indian foreign minister’s statement that the Modi government had ensured Pakistan remained on the FATF grey list had vindicated Pakistan’s longstanding stance on “India’s negative role” in the global financial watchdog.

Pakistan has always been highlighting the politicization of FATF & undermining of its processes by India. The recent statement by Indian EAM is further corroboration of India’s continued efforts to use an important technical forum for its political designs against Pakistan. 1/3 pic.twitter.com/4HYAnkcSpJ

— Ministry of Foreign Affairs – Pakistan (@ForeignOfficePk) July 19, 2021

“Pakistan has always been highlighting to the international community the politicisation 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,” read the FO statement.

“While Pakistan has been sincerely and constructively engaged with FATF during the implementation of the action plan, India has left no stone unturned in casting doubts on Pakistan’s progress through disgraceful means,” said the FO statement.

“Following the recent confession by [the] 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,” the statement said.

On June 25, FATF President Dr Marcus Pleyer said Pakistan would remain on the grey list till it addresses the single remaining item on the original action plan agreed to in June 2018 as well as all items on a parallel action plan handed out by the watchdog’s regional partner — the Asia Pacific Group (APG) — in 2019.