Watchdog tasked with tracking illegal money due in Pakistan for review

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Financial Action Task Force (FATF) is a Paris-based global body and its delegation will start talks with Pakistani officials from Tuesday – (Photo Courtesy – FATF Facebook)
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The FATF, in a statement issued in February, had termed Pakistan’s progress on the implementation of its action plan as “limited” and asked Islamabad to address all strategic deficiencies. (AFP/File)
Updated 26 March 2019
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Watchdog tasked with tracking illegal money due in Pakistan for review

  • Meetings with the Financial Action Task Force are scheduled to begin from Tuesday
  • Had said earlier that progress in the implementation of measures was "limited"

ISLAMABAD: Representatives from a Paris-based global body, which is tasked with tracking sources of illegal money, were due to arrive in Islamabad on Monday, media reports said.

The Financial Action Task Force (FATF), in a statement released in February this year, had termed Pakistan’s progress on the implementation of its action plan as “limited” and asked Islamabad to address all strategic deficiencies.

The group is set to hold talks with representatives from the Securities and Exchange Commission of Pakistan, State Bank of Pakistan, Ministry of Foreign Affairs, Ministry of Interior, and other Pakistani officials from Tuesday.

Pakistan had been on the FATF grey list from 2012 to 2015, before being put on the list again in June 2018.

“Pakistan has revised its TF [terror financing] risk assessment. However, it does not demonstrate a proper understanding of the TF risks posed by Da'esh (ISIS), Al-Qaeda, JuD [Jamaat-ud-Dawa], FIF [Falah-e-Insaniat Foundation], LeT [Lashkar-e-Taiba], JeM [Jaish-e-Mohammad], HQN [Haqqani Network] and persons affiliated with the Taliban,” the FATF statement read.


Security forces kill 11 militants in separate operations in Pakistan’s northwest

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Security forces kill 11 militants in separate operations in Pakistan’s northwest

  • Pakistan has struggled to contain a surge in militancy in northwestern Khyber Pakhtunkhwa province that borders Afghanistan
  • Militant groups such as the Pakistani Taliban frequently target convoys of security forces, police and government officials

ISLAMABAD: Security forces gunned down 11 Pakistani Taliban militants in separate operations in the country’s northwestern Khyber Pakhtunkhwa (KP) province, the Pakistani military said on Saturday, amid a surge in militancy in the South Asian country.

The first intelligence-based operation was conducted in North Waziristan district, which borders Afghanistan, during which six militants were killed, according to the Inter-Services Public Relations (ISPR), the military’s media wing.

Another joint intelligence-based operation by police and security forces was conducted in the Kurram district, which led to the killing of five other Pakistani Taliban militants in a fire exchange.

“Weapons and ammunition were also recovered from killed Indian-sponsored khwarij (militants), who remained actively involved in numerous terrorist activities,” the ISPR said in a statement.

“Sanitization operations are being conducted to eliminate any other Indian-sponsored kharja (militant) found in the area.”

There was no immediate comment by New Delhi to the Pakistani military statement.

Pakistan has struggled to contain a surge in militancy in KP in recent years. Militant groups such as the Pakistani Taliban, or the Tehreek-e-Taliban Pakistan (TTP), have frequently targeted convoys of security forces, police stations and check-posts besides kidnapping government officials in the region.

Last year, the South Asian country saw 73 percent increase in combat-related deaths, with both security forces and militants suffering casualties in large numbers.

As per statistics released by the Pakistan Institute for Conflict and Security Studies (PICSS), combat-related deaths in 2025 rose 73 percent to 3,387, compared with 1,950 in 2024. These deaths included 2,115 militants, 664 security forces personnel, 580 civilians and 28 members of pro-government peace committees (combatants), the think tank said in a press release.

Islamabad has frequently accused Afghanistan of allowing its soil and India of backing militant groups, including the TTP, for attacks against Pakistan. Kabul and New Delhi have consistently denied this.