Featured Pakistan might approach FAFT against India for suspicious transaction of $1 billion

[PradoTLC]

It will be as successful as Imran Khan's speeches on India, Kashmir etc etc etc.

Ok..

like modi speech ....nothing happened

 

[Verve]

It's a gift and Pakistan Government must take this opportunity now!

 

[Myth_buster_1]

Finally Pakistan is playing the game. I am more convinced than ever that PPP and PMNL has involvement with the Indian interest because of what they have been doing to our country, and their deliberate inaction against India on all fronts when they were in power.

Dont worry, briyani plate will convince Pakistanis yet again to vote for PPP and PMLN.

 

[Patriot786b2]

India got black listed on Tourism market under RSS,
than they got financially finished by dropping a 33% of their trade deficit,
Now they will get banking Fatf listed for money laundering,
It brings music to the ears in automatic gears of RSS.

 

[Baibars_1260]

Not exactly related but there is no other thread suitable to paste this link.

Anil Ambani: Chinese banks to start enforcement action against Anil Ambani’s worldwide assets | India Business News - Times of India

India Business News: The three Chinese banks to whom Anil Ambani owes more than $716 million (Rs 5,276 crore), as well as significant legal costs, have decided to pursue t

timesofindia.indiatimes.com

 

[danger007]

FinCEN Files: All you need to know about the documents leak - BBC News

Revelations in secret files shows how major banks have helped move dirty money around the world.

www.bbc.com

What has been revealed?

• HSBC allowed fraudsters to move millions of dollars of stolen money around the world, even after it learned from US investigators the scheme was a scam.
• JP Morgan allowed a company to move more than $1bn through a London account without knowing who owned it. The bank later discovered the company might be owned by a mobster on the FBI's 10 Most Wanted list.
• Evidence that one of Russian President Vladimir Putin's closest associates used Barclays bank in London to avoid sanctions which were meant to stop him using financial services in the West. Some of the cash was used to buy works of art.
• The husband of a woman who has donated £1.7m to the UK's governing Conservative Party's was secretly funded by a Russian oligarch with close ties to President Putin.
• The UK is called a "higher risk jurisdiction" and compared to Cyprus, by the intelligence division of FinCEN. That's because of the number of UK registered companies that appear in the SARs. Over 3,000 UK companies are named in the FinCEN files - more than any other country.
• Chelsea owner Roman Abramovich once held secret investments in footballers not owned by his club through an offshore company.
• The United Arab Emirates' central bank failed to act on warnings about a local firm which was helping Iran evade sanctions.
• Deutsche Bank moved money launderers' dirty money for organised crime, terrorists and drug traffickers. More details (BuzzFeed News)
• Standard Chartered moved cash for Arab Bank for more than a decade after clients' accounts at the Jordanian bank had been used in funding terrorism.

 

[Paro_Peagus]

FinCEN Files: All you need to know about the documents leak - BBC News

Revelations in secret files shows how major banks have helped move dirty money around the world.

www.bbc.com

What has been revealed?

• HSBC allowed fraudsters to move millions of dollars of stolen money around the world, even after it learned from US investigators the scheme was a scam.
• JP Morgan allowed a company to move more than $1bn through a London account without knowing who owned it. The bank later discovered the company might be owned by a mobster on the FBI's 10 Most Wanted list.
• Evidence that one of Russian President Vladimir Putin's closest associates used Barclays bank in London to avoid sanctions which were meant to stop him using financial services in the West. Some of the cash was used to buy works of art.
• The husband of a woman who has donated £1.7m to the UK's governing Conservative Party's was secretly funded by a Russian oligarch with close ties to President Putin.
• The UK is called a "higher risk jurisdiction" and compared to Cyprus, by the intelligence division of FinCEN. That's because of the number of UK registered companies that appear in the SARs. Over 3,000 UK companies are named in the FinCEN files - more than any other country.
• Chelsea owner Roman Abramovich once held secret investments in footballers not owned by his club through an offshore company.
• The United Arab Emirates' central bank failed to act on warnings about a local firm which was helping Iran evade sanctions.
• Deutsche Bank moved money launderers' dirty money for organised crime, terrorists and drug traffickers. More details (BuzzFeed News)
• Standard Chartered moved cash for Arab Bank for more than a decade after clients' accounts at the Jordanian bank had been used in funding terrorism.

Font burst their bubble yet. They plan to get everyone involved into fatf.

 

[-blitzkrieg-]

While you guys fight over which side is more evil i just wish Jeff was part of the action taking place..

 

[Silverblaze]

Might?

Why not Has?

 

[blueazure]

FATF will do nothing against INDIA , rest assured

those who are jumping up and down should calm down

-------

ive been repeatedly saying that FATF is nothing but an observer / arm twister of third world nations like pakistan who are black mailed into submission.


as for banks and money laundering, this is an open secret everyone in the financial sector knows .

1. all banks have crime money

2. all banks launder money

 

[-blitzkrieg-]

FATF will do nothing against INDIA , rest assured

those who are jumping up and down should calm down

-------

ive been repeatedly saying that FATF is nothing but an observer / arm twister of third world nations like pakistan who are black mailed into submission.


as for banks and money laundering, this is an open secret everyone in the financial sector knows .

1. all banks have crime money

2. all banks launder money

And FATF cant do much against the worlds 6th biggest consumer.. Our case is different from countries like Iran or NKorea.

 

[flameboard]

Is there corruption in FATF? I think this will tell us all

 

[AMRAAM]

Pakistan must approach to FATF. No point in thinking not to.

 

[Arulmozhi Varman]

Maybe China can put India's name on the list to be included for formal FATF review for money laundering and terrorim sponsorship?! How does that process work..

You need 34 nations out of 36 to support an notion. One needs just 3 votes to escape listing in any list. A key reason why Pakistan is escaping cos it has 3 supporters among the 36.

Pakistan or any other nation needs to prove terrorism is not traced back to India through financial tracing. India had lot more evidences when it presented before fatf along with some western nation evidences as well. And they also require local laws to be stringent to be dealt with those issues. Pakistan atleast until last week didn't even have local laws to uproot suspicious transaction. India has very stringent local laws. Anyway best of luck.

 

[Chakar The Great]

Pressure tactics but in this world of fifth generation war and narratives , it will be a good move.


Pakistan will continue to expose India on every form.