Islamabad seeks ‘further details’ as US charges Pakistani with alleged ties to Iran in foiled assassination plot

This image provided by the Justice Department, contained in the complaint supporting the arrest warrant, shows Asif Merchant. The Pakistani man alleged to have ties to Iran has been charged in a plot to carry out political assassinations on U.S. soil, the Justice Department said August 6, 2024. (Justice Department via AP)
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Updated 07 August 2024
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Islamabad seeks ‘further details’ as US charges Pakistani with alleged ties to Iran in foiled assassination plot

  • Asif Merchant, 46, was allegedly trying to recruit people in the US in retaliation for Qassem Soleimani’s killing
  • Merchant sought assistance from an individual who reported it to law enforcement and became an informant

ISLAMABAD: The foreign office said on Wednesday it was in touch with the United States authorities after reports emerged that a Pakistani national with alleged ties to Iran had been charged in the US in connection with a foiled plot to assassinate an American politician or government officials.

The media reported an announcement by the Justice Department that a 46-year-old Pakistani, Asif Merchant, wanted to recruit people in the US to carry out the plot in retaliation for killing of Iran’s Revolutionary Guards’ top commander Qassem Soleimani in 2020.

Soleimani, a key figure in Iran’s military and political influence across the Middle East, particularly in countries like Iraq, Syria, Lebanon, and Yemen, was killed in a US drone strike in Baghdad that was ordered by former American President Donald Trump, which significantly heightened tensions between the two countries.

Pakistan’s foreign office issued a brief statement in response to the queries about the development.

“We have seen the media reports,” the spokesperson, Mumtaz Zahra Baloch, said. “We are in touch with the US authorities and await further details. We have also noted the statements by US officials that this is an ongoing investigation.”

“Before giving our formal reaction, we also need to be sure of the antecedents of the individual in question,” she added.

Merchant, who prosecutors allege spent time in Iran before traveling to the United States from Pakistan, was charged with murder for hire in federal court in New York’s Brooklyn borough.

A federal judge ordered him detained on July 17, according to court records.

According to a Reuters report that quoted “a person familiar with the matter,” Trump was discussed as a potential target of the plot, but the scheme was not conceived of as a plot to assassinate the former president.

Earlier, US Attorney General Merrick Garland said in a statement the Justice Department remained vigilant against such Iranian plots after Soleimani’s assassination.

“For years, the Justice Department has been working aggressively to counter Iran’s brazen and unrelenting efforts to retaliate against American public officials for the killing of Iranian General Soleimani,” he said.

Court documents do not name the alleged targets of the plot. Merchant told a law enforcement informant that there would be “security all around” one target, according to the criminal complaint.

A Justice Department spokesperson declined to comment further when reached by Reuters.

“We have not received any reports on this matter from the US Government,” the Iranian mission to the United Nations in New York was quoted as saying by Reuters. “However, it is evident that the modus operandi in question contradicts the Iranian Government’s policy of legally prosecuting the murderer of General Soleimani.”

Trump, the Republican candidate in the November 5 presidential election, was wounded in an assassination attempt at a campaign rally in Pennsylvania last month.

The US attorney general said investigators had found no evidence that Merchant had any connection to the shooting, which officials have said was carried out by a lone 20-year-old gunman.

Reuters said law enforcement thwarted Merchant’s plan before any attack was carried out. An individual Merchant contacted in April to help assist with the plot reported his activities to law enforcement and became a confidential informant, according to the complaint.

Merchant told the informant his plans also included stealing documents from one target and organizing protests in the United States, prosecutors alleged.

- With input from Reuters


Pakistan pitches digital finance reforms to foreign fintech investors

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Pakistan pitches digital finance reforms to foreign fintech investors

  • Khurram Schehzad highlights progress on digital banking and plans for regulating blockchain and virtual assets
  • Visiting delegation welcomes policy clarity, sees scope for long-term investment and partnerships in Pakistan

KARACHI: Pakistan on Saturday pitched its digital finance and fintech reforms to foreign investors as part of a broader effort to attract capital after macroeconomic stabilization, with a senior official highlighting progress on digital banking, payments infrastructure and regulatory overhaul.

The outreach came as Islamabad seeks to sustain reform momentum following a period of economic stress, positioning technology-led financial inclusion as a pillar of its recovery and growth strategy while courting international investors.

Khurram Schehzad, adviser to the finance minister, briefed a delegation of international fintech investors on Pakistan’s reform agenda and digital growth plans at a meeting in federal capital, according to a statement from the finance ministry.

“Consistent policy implementation and structural reforms have strengthened macroeconomic fundamentals and improved Pakistan’s investment outlook,” he said, highlighting the “renewed global confidence” in the economy.

Officials said the discussions focused on the government’s Digital Pakistan Vision, including efforts to expand digital payments, build public digital infrastructure and digitize government transactions to widen financial inclusion and formalize the economy.

Schehzad cited the role of Raast, Pakistan’s instant payment system, which enables real-time, low-cost and interoperable digital payments nationwide, as well as regulatory reforms introduced by the State Bank of Pakistan to modernize retail digital banking.

Under the new framework, easypaisa Digital Bank has been operational for nearly a year, while Mashreq Digital Bank has also begun operations, with several other digital banks moving toward launch, the statement said.

The adviser also outlined Pakistan’s plans to develop a regulatory framework for blockchain, Web3.0 and virtual assets, saying authorities were engaging with global platforms to support innovation while ensuring compliance and investor protection.

The investor delegation was led by John Sfakianakis, chairman of Fintech Solutions Holding, alongside the company’s chief executive Kirill Smolin, and was facilitated by local technology firm Tech Avenue.

The investors welcomed the “clarity of reforms and policy direction,” saying Pakistan’s combination of macroeconomic stabilization, digital infrastructure and emerging technologies offered opportunities for long-term investment and strategic partnerships, the finance ministry said.