Counting The Costs Of Pakistan’s Terror Financing

Pakistan’s failure to tackle terror financing and money laundering has cost the nation an estimated US$38 billion since 2008, new independent research reveals. The losses have mounted while the country was on an international finance watchdog’s “grey” list. The Paris-based Financial Action Task Force (FATF) sets standards and promotes legal, regulatory and operational measures to fight money laundering, terrorist financing and other threats to the international financial system.

Read Here | Asia Times

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.