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FO rejects ‘Fake News’ about KSA’s vote against Pakistan at FATF

Syed Umarullah HussainiWeb Editor

22nd Oct, 2020. 04:47 pm
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Pakistan has categorically rejected a false media report regarding Saudi Arabia’s role in the assessment of Pakistan’s Financial Action Task Force (FATF) action plan.

According to the details, while addressing a weekly press briefing Foreign Office Spokesperson Zahid Hafeez Chaudhry said Pakistan and Saudi Arabia enjoy strong fraternal ties and the two countries have always cooperated with each other on all matters of bilateral, regional and international importance.

The Spokesperson said Pakistan greatly values its relations with brotherly Saudi Arabia and firmly rejects such malicious propaganda.

He said FATF will announce its assessment of Pakistan’s progress on the Action Plan and the future course of action after the conclusion of its Plenary Meeting.

In addition to this, Foreign Office Spokesperson Zahid Hafeez Chaudhry said the Indian leadership must not underestimate the resolve of the Pakistani nation as well as the capacity, professionalism, and level of preparedness of our battle-hardened Armed Forces.

He said the entire nation stands absolutely united against any ill designs by India.

Zahid Hafeez said our advice to India would be to peacefully resolve disputes with the neighbors, including the Jammu and Kashmir dispute, for lasting peace in South Asia.

In February 2020, the FATF plenary granted Pakistan a grace period of four months to complete its 27-point action plan against money-laundering and terror financing after it noted that the country was compliant on 14 points.

The authorities are hopeful of a positive outcome after the country enacted at least 15 pieces of legislation, many of them through a joint sitting of Parliament, to fulfill the requirements set by the international watchdog.

They are confident that there are minimal chances of Islamabad being placed on the blacklist.

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