Pak Action Against Saeed Prompted by Impending ‘Adverse Remarks’
Report to be submitted to International Cooperation Review Group of inter-state Financial Action Task Force
New Delhi: Pakistan’s actions ag ainst Jamaat-ud-Dawa and Falah-i-Insaniyat is believed to have been prompted by an impending report by the Asia-Pacific Group (APG) on Money Laundering on these outfits. The report apparently contains several “adverse remarks” against Pakistan.
TheproblemforPakistanisthatthis report will be submitted to the International Cooperation Review Group (ICRG) of the inter-state Financial Action Task Force (FATF). Besides being a major loss of face, such a referral means the country’s own evaluation report is considered suspect or has “significant deficiencies” as FATF itself puts it. North Korea and Iran have had such referrals because of the lack of trust in their regimes. The ICRG can make its judgmentandissuepublicstatements against country, which can start with a warning to taking specific countermeasures against the country if it doesn’t show compliance.
ET has gathered that matters took a turn for the worse for Pakistan at the FATF’s Paris plenary three months ago in October last year. The FATF ended up directing APG, it’s regional arm,tosubmitanindependentevalu- ation report on Pakistan’s actions on curbing finances of specifically the Jamaat-ud-Dawa, Jaish-eMohammed and Falah-i-Insaaniyat. TheFATFalsodirectedthatthegroup shouldsubmitthereportbyFebruary.
This was a fallout of the debate on Pakistan’s own compliance report to the FATF. The US along with France, Italyandseveralothercountriescame down hard on Pakistan, saying its claims belied facts on the ground. These countries quoted evidence to suggest that the funding of these groups was still intact and they had been emboldened enough to explore collections in overseas destinations.
Pakistan reacted strongly to these observationsandissuedformaldiplomaticproteststoindividualcountries on the margins of the FATF plenary. Despite that it could not block the decision seeking a time-bound special report on actions against these groups. The report, those familiar with the details, is now ready and the US has shared some details with the Pakistan Embassy in the US. The speculation is that the possible scathing contents and proposed recommendations may have provided the backdrop for the immediate action
India, meanwhile, said on Tuesday that it was not impressed with the housearrestof JuDChief HafizSaeed, demanding more credible action. North Korea and Iran have had such referrals because of lack of trust in their regimes
Recently, US, France, Italy and many other countries have come down hard on Pakistan, saying its claims belie facts on the ground