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The Pakistan 'deep state' is said to be hard at work trying to attack India as the Modi govt focuses its efforts on tackling the Covid-19 crisis.
Pakistan has to work on FATF’s 27-point action plan to come out of the ‘grey list’, but India believes it is still financing terror amid the Covid-19 pandemic.
For Pakistan, the grey list is better than the black list, especially when the country’s intent is not to shut down the jihad completely, not any time soon.
Looking to showcase its performance on convictions and property seizures, the Enforcement Directorate is preparing for FATF’s anti-money laundering audit.
At the FATF plenary that concluded Friday, Pakistan was accused of failing to fully comply with its 27-point action plan aimed at curbing terror-financing.
Pakistan hasn’t been blacklisted by the FATF, but has remained on the ‘grey list’ for failing to meet targets on various action points.
Army chief Gen. M.M. Naravane says the process will be similar to that followed for male officers on short service commission.
The plenary meet of global terror financing watchdog FATF began on 16 February and it will announce its final assessment on 21 February.
The FATF plenary will vote on whether Pakistan will remain on the grey list or be black listed, making sanctions more stringent.
The irregularities at Habib Bank were found by Pakistan’s central bank after FATF put Pakistan on its monitoring list.