Pakistan gave a befitting reply to India at a meeting of Financial Action Task Force (FATF) held in Beijing on Wednesday.
A 12-member delegation led by Secretary Finance Younis Dhaga informed the meeting about the actions taken by Pakistan against terrorism and also submitted the plan to curb money laundering. Pakistan also appraised the meeting about the reforms being introduced in seminaries across the countries and how Pakistan is countering the banned outfits.
The secretary finance said that Pakistan has placed proscribed outfits in the high-risk category, leading to their assets being frozen. FATF co-chairman, who is an Indian, raised unnecessary questions during the meeting, to which Pakistan replied wisely, thus humiliating India in front of the world.
The FATF meeting was attended by representatives of the US, China, Germany, UK, Australia, Turkey and Malaysia besides Pakistan and India.
Pakistan is already on FATF grey list of countries where there is a lack of a proper mechanism to prevent money laundering and terror financing. India, however, wants FATF to blacklist Pakistan so that sanctions can be imposed on it. Indian Finance Minister Arun Jaitley had said that FATF would be asked blacklist Pakistan.
