Previous Pak. governments did not curb terrorist financing and money laundering: Shah Mahmood Qureshi

When Pakistan Tehreek-i-Insaf came to power, Pakistan had already gone into the (FAFT) grey list, says the Foreign Minister

With the FATF set to discuss a report on the progress made by Pakistan on the implementation of a 27-point action plan this week, Foreign Minister Shah Mahmood Qureshi has alleged that previous governments did not take steps to curb money laundering and terrorist financing in the country. The Paris-based Financial Action Task Force (FATF) placed Pakistan on the grey list in June 2018 and asked Islamabad to implement a plan of action to curb money laundering and terror financing by the end of 2019 but the deadline was extended later on due to the COVID-19 pandemic. Mr. Qureshi said on Tuesday that the previous government of Pakistan Muslim League-Nawaz (PML-N) was responsible for the country being placed on the grey list of the FATF, The Express Tribune reported.