The National Investigative Agency investigating Kashmir-based NGOs’ link to terrorism financing has found evidence showing that the organizations misused foreign donations from African and European countries to support terrorists in the valley. Eleven locations were raided by the NIA on Wednesday: nine in Srinagar, one in Bandipora and Bengaluru each. …
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London: The compliance count that the Financial Action Task Force (FATF) gives Pakistan on and off has come to sound deceptively like a director’s exercise. In February, the FATF said that Pakistan had taken the necessary steps in only 14 of its 27 requirements to convince the world that it …
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NEW DELHI: While acknowledging the “significant progress” made by Pakistan when addressing issues related to terrorist financing and money laundering, the watchdog of global terror, FATF, Friday decided to keep Pakistan on his gray or higher control list. This was mainly due to Pakistan not addressing 6 points, one of …
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Just over a week before a crucial meeting of the Financial Action Task Force (FATF), a key regional affiliate of the multilateral watchdog has concluded that Pakistan has complied with only two of 40 recommendations to counter the financing of terrorism and money laundering. The Australia-based Asia Pacific Group (APG) …
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The Directorate of Enforcement (ED) has filed a charge sheet against Lashkar-e-Taiba (LeT) boss Muhammad Hafiz Saeed, his deputy Shahid Mehmood, a Dubai-based fund manager Mohammad Kamran and a hawala operator Delhi-based Mohammad Salim, in connection with his Money Laundering Investigation against the organization’s financial arm, the Falah-i-Insaniyat Foundation (FiF). …
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Written by Ritu Sarin | New Delhi | Updated: September 22, 2020 5:21:22 pm FinCEN’s files contain a 20-page “intelligence assessment” on the mirror network and list 54 shell companies that they say moved billions of dollars annually from Russia through European stock markets to other jurisdictions starting in 2011. …
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Written by Ritu Sarin | New Delhi | Updated: September 21, 2020 8:35:13 am FinCEN’s files contain a 20-page “intelligence assessment” on the mirror network and list 54 shell companies that they say moved billions of dollars annually from Russia through European stock markets to other jurisdictions starting in 2011. …
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Written by Ritu Sarin | New Delhi | Updated: September 21, 2020 7:27:22 am From the steel industry to the sponsor of IPL, from diamond traders to those under ED, CBI scanner, various Indian individuals and entities have been referred in secret reports by banks to the US Treasury Financial …
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Written by Ritu Sarin, Shyamlal Yadav, Jay Mazoomdaar, Sandeep Singh, Khushboo Narayan | Mumbai, New Delhi | Updated: September 21, 2020 7:26:51 am In most cases, national branches of Indian banks have been used to receive or remit funds; in some cases, bank accounts with foreign branches of Indian banks …
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