The FATF said several terrorist groups continue to benefit from funds raised through illegal activities. (Photo Credit: Twitter)
The week-long Financial Action Task Force plenary, currently on in Paris, will decide Pakistan's fate -- whether it will continue in the FATF's 'Grey List', or will be put in the 'Black List' or escape from listing likely today. The FATF on Monday had said several terrorist groups continue to benefit from funds raised through illegal activities and from supporters worldwide despite the international terror financing watchdog tightening the standards on flow of money.
Without naming Pakistan, the FATF had said in a statement that terrorists use various methods to gain financing, including using social media to identify new followers and to solicit financial or other forms of material support.
Here's everything you need to know about the global terrorist #MasoodAzhar who goes 'missing' before Pakistan's meeting with Financial Action Task Force (FATF)— News Nation (@NewsNationTV) February 17, 2020
ðŸ“¸: IANS Infographics
READ full story here:https://t.co/1238qYQqCF pic.twitter.com/8SuefxqOAx
Individuals sympathetic to humanitarian causes or vulnerable to violent messaging are often targeted, it said.
“The FATF has tightened its standards on terrorist financing which has helped disrupt access to funds for groups such as ISIL and Al-Qaida. However, various groups still benefit from funds raised through illegal activity and from supporters worldwide,” the Paris headquartered FATF said.
Pakistan was placed on the 'Grey List' in June 2018 by the Financial Action Task Force (FATF), an inter-governmental body established in 1989 to combat money laundering, terror financing and other related threats to the integrity of the international financial system.
To avoid global wrath over its abject failure in fight against terrorism, Pakistan is back with its old trick! To counter any punitive action by the FATF, Islamabad has once again started retelling an old lie about Jaish-e-Mohammed chief. The terror watchdog that commenced its crucial week-long panel discussion from February 16 will review its verdict on Pakistan. In order to get off the grey list, Pakistan has reportedly said that it couldn’t file an FIR or take any action against Masood Azhar as he had gone missing. India is likely to call out the doublespeak as highlight the fact that Masood Azhar has been operating freely for the Pakistani soil and has a tacit backing of Islamabad.