A non-Indian diplomatic source from one of the FATF countries confirmed that the group had decided Pakistan would be put back on the watch list because the Kingdom of Saudi Arabia has stabbed Pakistan in the back by dropping opposition to the US-UK move against Pakistan.
Earlier in the week China, Turkey, and the Gulf Cooperation Council (GCC) were opposing the US-led move against Pakistan but by Thursday night both China and the GCC dropped their opposition, the diplomatic source said.
Interior Minister Ahsan Iqbal took to Twitter to thank Turkey for its unwavering support “against all odds”.
“The decision was taken yesterday,” the diplomat said.
He added that the financial consequences would not kick in until June, which, in theory, could allow Pakistan the wriggle room to fix the terrorist financing issues. “But the odds of that, particularly in an election year, seem slim,” he added.
Washington has spent the past week lobbying member countries of the Financial Action Task Force (FATF) to place Pakistan on the so-called “grey list” of nations that are not doing enough to combat terrorism financing.
Pakistan’s last-minute efforts to avoid being placed on the list, which included taking over bodies linked to a powerful figure, proved insufficient.
http://www.shiitenews.org/index.php/pakistan/item/33195-saudi-betrayal-brings-pakistan-back-on-terror-watch-list-of-fatf
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