Why should India be placed on the FATF terror blacklist?

“We will never know peace and stability in the world without balance. And we will never know balance without justice for all. Yet, justice exists only where there are fairness and equality — when every man and country is treated and viewed equally. No country should be given power over another. Besides, no country should be granted privileges that are denied to others. No one country has the authority to decide which country will be embargoed, denied to protect itself, and will be favoured based on the weight of their resources. Eliminate the hypocrisy.”

Suzy Kassem, Rise and Salute the Sun: The Writings of Suzy Kassem

The war of hatred and prejudice between India and Pakistan is not new and is prevalent in history since ages. Indian media loves in relating Pakistan as the core of money laundering and financing terrorist activities in the world.  Their leaders have even spoken this notion of terrorism and money trail against Pakistan in the recent meeting of the United Nations. By this blame game, India is trying hard to get Pakistan blacklisted by Financial Action Task Force (FATF).

According to the US agencies, the Indian government has not paid attention to the endorsements approved by the FATF on money laundering, established in July 1989 by the Paris meeting of the seven most developed countries. The traditional money-laundering methods including smurfing and cover companies etc. are still prevailing in India.  During the years 2007-2018, the amount hoarded away was 4, 095 billion USD. We can imagine the tremendous amount of money stockpiled abroad since 1947.

Recently, Pakistan has asked for the removal of India from one of FATF’s regional sub-divisions in charge of reviewing its progress. India, who co-chairs the FATF’s Asia-Pacific Joint Group, has currently “grey-listed’ our country with the accusation of financing terrorist activities in the region.

Why should Pakistan not be on the grey list? The allegation is that Pakistan agencies have not done enough to curb illegal funding of terrorist. The answer is that in the era of tax havens, bitcoin, cryptocurrency; we cannot deny terrorism funding in isolation as cryptocurrency is deregulated, non-central and not under the control of banks. By putting stringent conditions on Pakistan, we are making things difficult for the business community. And this is even hurting Pakistan economy even more. Similarly, banking regulations have been made nearly impossible for business community and investors, which are hampering investors from investing in Pakistan.

It’s due to FATF’s harsh attitude. The real estate dealers cannot deposit more than 10 million rupees in banks, so it’s like destroying the real estate sector. The same situation prevails with other businesses.

The solution for Pakistan’s deteriorating economic and political condition is providing Pakistan with state of the art financial technology for surveillance of illegal tax heavens. Secondly, India is currently co-chair of FATF. It has 44 banks which are owned by the Indian government, and they are involved in terror financing, and money laundering according to top-secret declassified information by the finance section of the state department.

“To walk the path of truth, you need the grace of God.” Rumi

Pakistan has arrested Kulbhushan Jadhav and his whole network. The network has presented the proofs where India has admitted coalition between its detective agency Research and Analysis Wing (RAW) and Tehreek-e-Taliban Pakistan (TTP). The Hindustan Times reported that the US forced India to lessen its backing up for the TTP. Tehreek-e-Taliban Pakistan masterminds have also confessed their act of crime. In a report, the US also has admitted that Pakistan has played a pivotal role in re-establishing peace in Afghanistan. Army public school attack masterminds were in ties to terrorism with RAW as pointed out by Pakistan PM special advisor in an interview to Indian TV.  He also pointed out that India recently spent one million dollars to unite the TTP and four other terrorist organizations in Afghanistan under the command of RAW officials. The Pakistani national security adviser told that India was purposely suspending submission of evidence and eyewitnesses as It was their intention to humiliate Pakistan in the eyes of rest of the world.

“Fear is the State’s psychological weapon of choice to frighten citizens into sacrificing their basic freedoms and rule-of-law protections in exchange for the security promised by their all-powerful government.”

― Philip G. Zimbardo, The Lucifer Effect: Understanding How Good People Turn

Baluchistan Liberation is an ethnic separatist group against the government of Pakistan. The armed rebellion has carried out several terrorist activities in the recent past year Baluchistan. The US State Department gas classified Baluchistan Liberation as “terrorists”, meaning that the US thoroughly condemns any ties with them and can suspend possessions of anyone found to be associated with that group. Pakistan agreed to the US terms and conditions and showed a positive response in fighting against domestic assassination. The agencies have accused the rebellion party of being an agent of RAW. Further Gulf News advocates that the US is trying to control the insurgence of Baluchistan Liberation’s terrorist activities to a standstill, hoping to pave the pathway of peace for Pakistan.

What on earth more FATF needs is to blacklist India. All the shreds of evidence are in favour of the dark aspects of India’s brutal and terrorist nature. It is imperative that the wrongdoers, financers, and external promoters, including those exalting these terrorist activities against Pakistan, should be held responsible for their doings and brought to justice. The FATF should embark on a fair handed investigation to India’s multi-dimensional money laundering and terror financing. The silent war will continue if we don’t speak for the rights of our country, as an individual as well as a nation.

“The greater ignorance towards a country is not ignoring what its politicians have to say, it is ignoring what the inmates in its prisons have to say.” ― Criss Jami, Killosophy

The article has been co-authored by Dr. Maimoona Siddique and Dr. Aitzaz  Bin Sultan Rai.

Disclaimer: The views expressed in the article are the author’s own and do not necessarily reflect Dunya News’ editorial stance.

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