Posted inPakistan

Counting the costs of Pakistan’s terror financing

PESHAWAR – Pakistan’s failure to tackle terror financing and money laundering has cost the nation an estimated US$38 billion since 2008, new independent research reveals. The losses have mounted while the country was on an international finance watchdog’s “grey” list. The Paris-based Financial Action Task Force (FATF) sets standards and promotes legal, regulatory and operational measures to fight […]