Skip to content
Search

Latest Stories

No room to keep Pakistan on FATF grey list: Islamabad

No room to keep Pakistan on FATF grey list: Islamabad

PAKISTAN foreign minister Shah Mahmood Qureshi has said there was "no room" to keep Pakistan on the FATF's 'grey list' since it has implemented 26 out of the 27 points of the action handed out by the global body against money laundering and terror financing.

Qureshi's comments came a day after the Financial Action Task Force (FATF), during its plenary meeting from June 21-25, retained Pakistan in its 'grey list' for failing to check money laundering, leading to terror financing.


It also asked Islamabad to investigate and prosecute senior leaders and commanders of UN-designated terror groups, including Hafiz Saeed and Masood Azhar.

Qureshi said on Saturday (26) that whatever steps Pakistan took were in its own interests to stop money laundering and terror financing.

"Some powers" desired to keep Pakistan in the FATF's 'grey list' and it needs to be looked at whether the global forum is being used for “political purposes”, he said without elaborating.

He said the FATF itself has accepted that Pakistan has implemented 26 out of 27 action plans whereas significant progress has been made on the 27th one.

He said it has to be determined whether the FATF is a technical forum or a political one, state-run Radio Pakistan reported.

Addressing a virtual press conference, FATF president Marcus Pleyer on Friday (25) said the Pakistan government has failed to check the risk of money laundering, leading to corruption and terror financing.

"The FATF encourages Pakistan to continue to make progress to address as soon as possible the one remaining Combating the Financing of Terrorism (CFT)-related item by demonstrating that Terror Financing (TF) investigations and prosecutions target senior leaders and commanders of UN-designated terrorist groups," an FATF statement said.

The UN-designated terrorists based in Pakistan include Jaish-e-Mohammed (JeM) chief Azhar, Lashkar-e-Taiba (LeT) founder Saeed and its 'operational commander' Zakiur Rehman Lakhvi.

Noting that Pakistan has now completed 26 of the 27 action items given to it in 2018, Pleyer said the FATF has asked Pakistan to take action against UN-designated terrorists.

More For You

Baiju Bhatt

At 40, Bhatt is the only person of Indian origin in this group, which includes figures such as Meta’s Mark Zuckerberg. (Photo: Getty Images)

Baiju Bhatt named among youngest billionaires in US by Forbes

INDIAN-AMERICAN entrepreneur Baiju Bhatt, co-founder of the commission-free trading platform Robinhood, has been named among the 10 youngest billionaires in the United States in the 2025 Forbes 400 list.

At 40, Bhatt is the only person of Indian origin in this group, which includes figures such as Meta’s Mark Zuckerberg. Forbes estimates his net worth at around USD 6–7 billion (£4.4–5.1 billion), primarily from his roughly 6 per cent ownership in Robinhood.

Keep ReadingShow less
Mandelson-Getty

Starmer dismissed Mandelson on Thursday after reading emails published by Bloomberg in which Mandelson defended Jeffrey Epstein following his 2008 conviction. (Photo: Getty Images)

Getty Images

Minister says Mandelson should never have been appointed

A CABINET minister has said Peter Mandelson should not have been made UK ambassador to the US, as criticism mounted over prime minister Keir Starmer’s judgment in appointing him.

Douglas Alexander, the Scotland secretary, told the BBC that Mandelson’s appointment was seen as “high-risk, high-reward” but that newly revealed emails changed the situation.

Keep ReadingShow less
Shivani Raja MP leads fight to save Leicester Diwali celebrations

Shivani Raja MP

Shivani Raja MP leads fight to save Leicester Diwali celebrations

TWO Conservative MPs have launched a petition to stop Leicester City Council cutting back this year's Diwali celebrations.

Shivani Raja, MP for Leicester East, and Neil O'Brien, who represents nearby Harborough, Oadby and Wigston, started the Change.org petition on Wednesday (10) after the council announced plans to remove key elements from the October 20 event.

Keep ReadingShow less
Indian American hotel employee beheaded in Dallas

Chandra Nagamallaiah (R) was stabbed and beheaded on duty; Yordanis Cobos-Martinez was arrested and charged for the killing.

Indian American hotel employee beheaded in Dallas

A STAFF MEMBER at Downtown Suites Dallas, US, was killed on Wednesday (10) morning. Chandra Nagamallaiah, 50, was stabbed and beheaded on duty in front of his wife and son, according to reports.

Yordanis Cobos-Martinez, 37, was arrested and charged in the killing, which reportedly stemmed from an argument over a broken washing machine, media reports said, citing the Dallas Police Department.

Keep ReadingShow less
Deadly Pakistan floods force over two million to flee their homes

Residents sit in a rescue boat as they evacuate following monsoon rains and rising water levels in the Chenab River, in Basti Khan Bela, on the outskirts of Jalalpur Pirwala, Punjab province, Pakistan, September 10, 2025. REUTERS/Quratulain Asim

Deadly Pakistan floods force over two million to flee their homes

OVER two million people have been forced to leave their homes as devastating floods continue to sweep across Pakistan's eastern regions, authorities announced.

The worst-hit area is Punjab province, where more than two million residents have been evacuated. An additional 150,000 people have fled Sindh province, according to national disaster management chief Inam Haider Malik, who warned that the "number may rise over the coming days".

Keep ReadingShow less