Dillinger
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China has been instrumental in shielding Pakistan from the fallout of its misadventures. However, this time, even Beijing couldn't save Islamabad's bacon, not when it came to Hafiz Saeed and his "charities".
Pakistani President Mamnoon Hussain on Monday signed an ordinance aimed at cracking down on terrorist organisations and individuals, which have been banned by the United Nations Security Council (UNSC). The ordinance amends a section of the Anti-Terrorism Act (ATA), enabling the authorities to take action against UNSC-proscribed individuals and terrorist outfits such as sealing their offices and freezing their bank accounts.
The ordinance will reportedly lead to the proscription of Hafiz Saeed-linked Jamaat-ud-Dawa (JuD) and Falah-e-Insaniat Foundation (FIF). However, the truth could be that Islamabad is facing a tough situation that its friend Beijing has been unable to bail it out of.
Read below why Pakistan finally bit down on the pill regarding Saeed and how China tried to save it from having to do so, only to come up short against Indian efforts at an international financial body.
Pakistani President Mamnoon Hussain on Monday signed an ordinance aimed at cracking down on terrorist organisations and individuals, which have been banned by the United Nations Security Council (UNSC). The ordinance amends a section of the Anti-Terrorism Act (ATA), enabling the authorities to take action against UNSC-proscribed individuals and terrorist outfits such as sealing their offices and freezing their bank accounts.
The ordinance will reportedly lead to the proscription of Hafiz Saeed-linked Jamaat-ud-Dawa (JuD) and Falah-e-Insaniat Foundation (FIF). However, the truth could be that Islamabad is facing a tough situation that its friend Beijing has been unable to bail it out of.
Read below why Pakistan finally bit down on the pill regarding Saeed and how China tried to save it from having to do so, only to come up short against Indian efforts at an international financial body.
Read the full report here
So, what made Islamabad take a decision that, as Pakistani newspaper Dawn describes, "would end a long-standing ambiguity over the status of Hafiz Saeed-linked JuD and FIF by firmly placing them on the list of proscribed groups"? It could be that a global financial watchdog, the Financial Action Task Force (FATF), might have finally compelled the powers that be in that country to take some action.
According to the Pakistani daily, analysts fear that the aforementioned international body could take punitive action against Pakistan if the country is found to be complicit in terror financing. According to the report, such an action could jack up the cost of doing international and domestic business.
Crucially, during the November FATF plenary, Pakistan found that its ally, China, was unable to shield it. According to an Economic Times report from November last year, despite China's opposition, FATF asked Pakistan to submit a compliance report on actions taken against terrorist groups by February 2018.