India’s Finance Minister Arun Jaitley said that New Delhi will see that Pakistan is removed by the Paris-based Financial Action Task Force (FATF) grey-list, a global body created to counter terrorism financing and money laundering.
“There is a meeting of FATF in mid-May,” Arun Jaitley told reporters. “We would want that the FATF for Pakistan should be downgraded.” In March, Pakistan requested the body to remove India from the co-chair of a body that is reviewing progress on implementation of an action plan.
Former finance minister Asad Umar asked the FATF President Marshall Billingslea to appoint any other member as co-chair of the Asia-Pacific’s Joint Group, in place of India, to ensure that the FATF review process is fair, unbiased and objective.
The statement by Indian finance minister comes a day after Masood Azhar, the head of the banned Jaish-e-Muhammad (JeM), was designated a global terrorist by the UN Security Council Read More