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Pakistan back on 'grey list' for ignoring warnings on terrorism financing

Speed News Desk | Updated on: 28 June 2018, 13:04 IST

France has officially put Pakistan on the 'grey list' for financial aid to global terrorists, states Financial Action Task Force (FATF). 

This action was taken during a plenary meeting in Paris with the global watchdog. There was an argument that Pak has despite warning has failed to take necessary action against increase terrorist funding on its soil.

A private Pakistani TV news channel Geo News aired a report that stated that interim Pak Finance Minister Dr Shamshad Akhtar pleaded the FATF to not add the countries name in 'grey list'.

In February decision of adding Pakistan's name in the list was taken but was given temporary relief till June to fight the issue.

This isn't the first time that Pakistan has been added to the list, earlier between the year 2012-2015, Pak was included on the grey list.

Pakistan reaffirmed that it is committed to National Security Committee (NSC) and wants to work with FATF to achieve 'objective'.

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First published: 28 June 2018, 13:04 IST