India has submitted a dossier to the FATF containing evidence of Pakistan's money laundering and terrorist financing activities. This issue will be discussed at the FATF's June meeting, potentially leading to Pakistan's return to the grey list.
New Delhi: India has once again adopted a b stance against Pakistan's double standards and its harboring of terrorism. The Modi government is seeking to have Pakistan reinstated on the Financial Action Task Force (FATF) grey list. To this end, India will submit a comprehensive dossier to the FATF containing evidence related to terrorist financing and money laundering.
The dossier will detail entities and individuals openly promoting and financially supporting terrorist activities within Pakistan.
Crucial FATF Meeting in June; India to Raise the Issue
The next major FATF meeting is scheduled for June 2025, where Indian officials will demand action against Pakistan. India will seriously raise this issue under international protocols and urge the FATF to conduct a thorough investigation and place Pakistan back on the grey list.
Sources indicate that India will leave no stone unturned this time, exposing Pakistan's actions with b documentary evidence.
Why is it Crucial to Re-Greylist Pakistan?
For years, Pakistan has pretended to act against terrorism for international perception, but the reality is different. Many banned terrorist organizations continue to operate openly in Pakistan. India has compiled substantial data in its dossier to prove that Pakistan provides these organizations with financial support.
If the FATF re-greylisted Pakistan, it would impact foreign investment and international economic cooperation, potentially delivering a significant economic blow.
FATF and Pakistan: A History
- Pakistan was first placed on the grey list in 2008.
- It was temporarily removed from the list in 2009.
- It remained under monitoring between 2012 and 2015.
- In 2018, Pakistan was again placed on the FATF grey list.
- In 2022, the FATF plenary meeting removed Pakistan from the grey list with conditions, warning it to strengthen its counter-terror financing system in collaboration with the Asia-Pacific Group.
What is the FATF and its Function?
The FATF, or Financial Action Task Force, is an intergovernmental organization established to combat money laundering and terrorist financing. It comprises 39 member countries. Its objective is to identify and prevent economic networks in any country that support terrorism or illicit activities.
Being on the FATF grey list damages a country's international image, reduces economic investment, and makes it difficult to secure foreign loans.
India's Clear Goal – Exposing the Sponsor of Terrorism
India's aim is clear: to return Pakistan to a situation where it is compelled to take genuine action against terrorism, not just for show. The Modi government wants to avoid any missteps this time and demonstrate to the international community how Pakistan is deceiving the world.
India has previously exposed Pakistan's false claims and sham actions. By raising its voice with evidence at the FATF, India seeks to gain a diplomatic advantage once again.
