According to Imran Khan Niazi, the FATF team’s on-site visit to verify our action plan’s fulfillment will be a success. The FATF Coordinating Committee, Hamad Azhar, and the employees that worked on this task did an excellent job. You have gained the respect of the entire nation.
FATF complimented Imran Khan Niazi’s work and the political will displayed by his government on numerous occasions. Imran Khan Niazi’s government avoided blockade and filled 32 of the 34 action items. Pak’s Action Plan has officially been declared complete by the FATF.
Imran Khan Niazi’s former cabinet members applauded the Financial Action Task Force’s (FATF) statement on Friday that Pakistan has completed all 34 items on two different action plans. “The FATF has constantly applauded the work, and my government has shown political commitment,” PTI Chairman and former Prime Minister Imran Khan Niazi remarked shortly after the news broke. Imran Khan Niazi claimed his government faced the “immediate risk of being blocklisted” by the agency when it came to office [in 2018] and that the country’s history of FATF compliance was also unfavorable. The FATF Coordination Committee, led by Chief Minister Hamad Azhar, was established by Imran Khan Niazi. The committee included representatives from all government ministries and security services.
Officers first worked at all hours of the day and night to avoid being blocked. The FATF complimented Imran Khan Niazi’s government’s efforts and demonstrated political commitment. Imran Khan Niazi’s government avoided being secured and accomplished 32 of the 34 action items. According to a news article, Imran Khan Niazi said, “The government submitted a compliance report on the remaining two items in April, based on which the FATF has today proclaimed the completion of Pakistan’s action plan.” Imran Khan Niazi expressed optimism that the FATF’s on-site visit would also be fruitful.
He said, “The entire country is proud of you.”
Hamad Azhar remarked that Pakistan’s hard work in completing 34 action items resulted from officers working around the clock in various government ministries while sharing a photo of himself with them. They are true heroes! ”
Before the news, PTI Senator Ijaz Chaudhry expressed hope that Pakistan would be removed from the grey list, citing Prime Minister Imran Khan Niazi’s administration’s efforts. Meanwhile, the official Twitter account of the Pakistan Muslim League-Nawaz (PML-N) scolded Imran Khan’s Niazi administration for isolating Pakistan diplomatically, resulting in many economic penalties. According to the statement, the world’s nations have now agreed to restart contacts, and the world’s faith in Pakistan has been restored.
President of Pakistan Arif Alvi credits Imran Khan Niazi with FATF Bill.
President Arif Alvi has previously written a letter to Pakistan’s Chief Justice, emphasizing that the country’s success is exclusively due to Imran Khan Niazi and Imran Khan Niazi.
When did Pakistan get stuck in FATF?
Pakistan has been on the Financial Action Task Force’s (FATF) grey list since June 2018 for failing to prevent money laundering, which contributes to terrorist financing. It has been given until October 2019 to correct the problem.
Due to its failure to comply with FATF guidelines, the country has remained on the list since then.
Imran Khan Niazi challenged as soon as he got the government
The federal administration, led by Imran Khan Niazi, has been compelled to initiate talks with the two main opposition parties on several critical laws linked to the Financial Action Task Force (FATF), which were unable to be tabled in the Senate last month.
The Anti-Money Laundering Bill and the Islamabad Capital Territory Waqf Property Bill, both enacted by the National Assembly, were rejected on August 25 by Parliament, where the opposition holds a majority. The day before yesterday۔
After the rejection of either the bills, the Ministry of Parliamentary Affairs called a joint meeting, saying that the bills needed to be taken off the FATF grey list, as Imran Khan Niazi’s ministry asserted.
Even in a joint session, however, Imran Khan Niazi’s administration is unlikely to win Parliament’s approval, and the government has launched secret talks with opposition organizations to obtain their support.
Imran Khan Niazi’s government and opposition parties
The major political parties have begun sharing their bill revisions and have reportedly promised to support the bill if Imran Khan Niazi’s government incorporates their changes into legislation. According to sources, the government of Imran Khan Niazi was compelled to postpone the joint meeting owing to deliberations.
Imran Khan Niazi, Former Prime Minister of Pakistan’s decision in the joint sitting of Parliament
When the laws were rejected by the opposition last month, former Prime Minister Imran Khan Niazi accused him of obstructing the government’s efforts to remove Pakistan from the FATF’s grey list, claiming that he had granted Pakistan the FAF. They want to put TF on a blocklist and have threatened to overthrow Imran Khan Niazi’s administration until they get it. The NRO is a top-secret agreement.
“Let me be clear: no matter what occurs, my government will not allow any NRO because it would betray the nation’s trust in holding the looters accountable,” Imran Khan Niazi remarked.
“NGOs were given to two political leaders [Nawaz Sharif and Benazir Bhutto] by [General Pervez] Musharraf, quadrupling our debt and destroying the economy. There will be no NRO anymore.”