FIU-Qatar visits India, discusses menace of money laundering, terror financing
The Qatar delegation, headed by Sheikh Ahmed Al Thani, Head of FIU-Qatar, was received by Vivek Aggarwal, Head, FIU-IND.
The Qatar delegation, headed by Sheikh Ahmed Al Thani, Head of FIU-Qatar, was received by Vivek Aggarwal, Head, FIU-IND.
The statement was released during the one-on-one meeting between Prime Minister Modi and US President Joe Biden at the Oval Office in the White House, on Thursday.
A two-day international ministerial conference on ways to combat terrorist financing will begin on Friday in New Delhi. The conference is expected to be attended by representatives of 78 countries and international bodies.
The joint statement came after a high-level meeting on economic and financial partnership led by Finance Minister Nirmala Sitharaman and Treasury Secretary Janet Yellen.
The sudden change in the pattern and scale of financial transactions in the wake of the pandemic has provided an opportunity to criminals and terrorists
These will include goods at godowns, maalkhanas or any other place and will be confiscated.
Lakhvi, who was on bail since 2015 in the Mumbai attack case, was arrested by the Counter-Terrorism Department (CTD) of Pakistan.
The FATF in October last decided to keep Pakistan on its 'Grey' list for failure to curb funnelling of funds to terror groups Lashkar-e-Taiba, Jaish-e-Mohammed and others.
Without naming Pakistan, the FATF said in a statement that terrorists use various methods to gain financing, including using social media to identify new followers and to solicit financial or other forms of material support.
In July last, the Counter-Terrorism Department (CTD) of the Punjab Police had registered 23 FIRs against Saeed and his 12 accomplices on charges of 'terror financing' in different cities of Punjab province and arrested the JuD chief.
