‘Pakistan had accomplished FATF’s motion plan in PTI’s tenure’

Former minister for vitality Hammad Azhar is addressing a press convention in Lahore on June 18, 2022. — Geo Information

LAHORE: Giving his authorities credit score for profitable the Monetary Motion Activity Pressure (FATF) approval, former federal minister Hammad Azhar claimed that the PTI-led earlier regime had accomplished all of the 34 motion objects of the watchdog.

Addressing a press convention in Lahore shortly after Minister of State for Overseas Affairs Hina Rabbani Khar held a media briefing to debate the FATF’s newest verdict, Hammad Azhar stated that final 12 months Pakistan managed to finish the implementation of 32 objects out of the 34-point FATF motion plan and a report on the remaining two was submitted in April.

It bears mentioning that former PM Imran Khan-led authorities was toppled down through a vote of no confidence on April 11.

“[I am happy] we’ve got accomplished all 34 objects of the FATF motion plan,” he stated, including {that a} “troublesome” part had now come to an finish.

Azhar stated that the “greatest work” had been achieved by Pakistan.

“The PTI authorities handed dozens of legal guidelines associated to FATF. Monetary methods had been upgraded, officers educated,” he stated.

India tries to make use of FATF’s platform for political functions

Hammad Azhar stated that India’s function, every time the FATF reviewed Pakistan’s progress in combating terrorism and curbing cash laundering, has traditionally been detrimental and that is one thing the earlier PTI authorities highlighted a number of occasions.

“It was clear that India was making an attempt to make use of this platform for political functions,” stated Azhar. 

“When got here into energy, there was plenty of concern that Pakistan could be blacklisted,” he added.

He stated the PTI authorities shaped a FATF Coordination Committee which included all of the related state establishments. “Officers of the committee labored day and evening,” he added.

The minister stated that remittances rose within the final three-and-a-half years as work on reforms started.

“The actual heroes are the officers who’re sitting in several departments,” Azhar stated, including that they “carried out constantly” for 3 and a half years.

In accordance with the minister, the PTI uncovered the Indian crew on this interval.

“This can be a technical discussion board, not a political discussion board. An try was made to make it political,” stated Azhar.

“We discovered plenty of benami accounts. This can be a victory for the entire of Pakistan,” he stated.

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