This handout image launched on April 7, 2021, by the Russian Overseas Ministry exhibits Overseas Minister Shah Mahmood Qureshi as he meets along with his Russian counterpart, in Islamabad. — AFP/File

There isn’t a longer any justification to maintain Pakistan on the gray checklist because the nation has fulfilled 26 out of 27 motion objects of the Monetary Motion Job Power (FATF), Overseas Minister Shah Mahmood Qureshi stated Wednesday.

Pakistan has fulfilled the anti-money laundering watchdog’s most technical necessities,  the international minister stated in an announcement — two days after FATF’s five-day digital assembly started in Paris.

FATF will make its findings public on June 25.

Qureshi stated India is making makes an attempt to misuse the discussion board for political functions, because it has indulged in steady anti-Pakistan propaganda. “Pakistan has taken concrete steps to curb money-laundering and terrorist financing.”

He identified that Pakistan “inherited” the issue of the FATF grey-listing from the earlier regime, nevertheless, the incumbent authorities has accomplished its greatest to convey the nation out of it.

The international minister stated the world was acknowledging Pakistan’s efforts within the implementation of the FATF Motion Plan.

The steps taken by Pakistan embody the promulgation of strict legal guidelines towards cash laundering, freezing of property, and submitting of instances towards banned organisations.

Resultantly, the Asia Pacific Group on Cash Laundering improved Pakistan’s score towards cash laundering and terror financing. Furthermore, the Pakistan European Union Joint Fee had additionally welcomed the nation’s progress within the implementation of FATF factors.

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