Pakistan’s FATF ‘grey list’ history highlights long-running concerns over terror financing

Jan 26 - Pakistan has faced sustained international scrutiny over alleged money laundering and terrorist financing, with critics arguing that authorities - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

Pakistan has faced significant international scrutiny regarding allegations of money laundering and terrorist financing, leading to its repeated placement on the Financial Action Task Force (FATF) ‘grey list’. Critics contend that the country has consistently failed to implement necessary institutional reforms.

Pakistan was on the FATF ‘grey list’ three times between 2008 and 2022.
The FATF removed Pakistan from its ‘grey list’ in October 2022 after the country completed all 34 action-plan items.
Hafiz Saeed, founder of Lashkar-e-Taiba, received a 33-year sentence for terror-financing charges in 2022.

Continue Reading

Read the complete article from Capital News

📰 Read Full Article

Related News

sports2h ago

Champions Police Bullets firm grip on league summit

Reigning Football Kenya Federation Women’s Premier League champions Kenya Police Bullets FC have maintained their leading position at the league summit after a 1-0 victory over Zetech University Sparks. This win keeps them firmly on track to defend their title for a third consecutive year.

Standard Sports

📰 Read Full Story

politics2h ago

Malala: Police behind teargas attack on Gachagua in Othaya

Democracy for the Citizens Party (DCP) Deputy Party Leader Cleophas Malala alleges that police orchestrated a teargas attack on party leader Rigathi Gachagua at Witima Anglican Church of Kenya in Othaya on Sunday, January 25, around 11 a.m. The attack caused panic, forcing worshippers to flee, and damaged vehicles, with one of Gachagua's vehicles being set on fire.

Standard Politics

📰 Read Full Story