Marshall Billingslea, the Financial Action Task Force or FATF president indicated that Pakistan may be blacklisted after the International financial watchdog’s meeting in Paris over terror financing.
At a press conference, Mr. Billingslea said that “Pakistan had ‘significant’ work to do. With regard to an action plan agreed in June 2018, they are ‘lacking in almost every respect’.”
“Pakistan was cautioned in February at the plenary that they had missed almost all of their January milestones. They were urged to not fail to meet the milestones in May. Unfortunately, Pakistan has yet again missed its May milestones,” he added.
FATF has strongly condemned Pakistan for its “lack” of compliance with the 26-point action plan prepared for Islamabad to demonstrate its sincerity in fighting and ending terrorism.
“Now the action plan itself is set to complete in September. So this (the June 16-21 Orlando plenary) was not the plenary where we would discuss a blacklisting issue. This was the plenary where we examine how far behind Pakistan is on its action plan… I must say they are far behind,” he said.
Pakistan’s Army Chief General Qamar Javed Bajwa claimed a few days ago that the country is trying its best to destroy terrorism from its soil. Javed Bajwa, while speaking at the International Institute for Strategic Studies in London said, “We are doing our best, utilizing all available sources to wipe out the enemies of peace and prosperity but it is fact that peace and stability in South Asia was dependent on the resolution of conflicts and disputes in the region.”