'pahalgam Could Not Occur Without...': Fatf Condemns Terror Attack, Flags Fund Movement Between Terror Supporters

The Financial Action Task Force (FATF) connected Monday powerfully condemned nan April 22 violent onslaught successful Pahalgam and linked it to failures successful preventing nan travel of costs to violent networks. In a connection released up of its adjacent shape of study connected panic financing, nan world watchdog underscored nan domiciled of money successful enabling specified acts of violence.

"The FATF notes pinch sedate interest and condemns nan sadistic violent onslaught successful Pahalgam connected 22 April 2025. This, and different caller attacks, could not hap without money and nan intends to move costs betwixt violent supporters," nan connection said. It, however, did not sanction Pakistan. 

FATF, which supports complete 200 jurisdictions successful its Global Network, said coercion continues to airs a threat to societies worldwide and emphasised nan strategical usage of financial intelligence arsenic "one of nan astir powerful instruments for dismantling violent financing networks."

"In summation to mounting retired nan model for combating violent financing, nan FATF has enhanced its attraction connected nan effectiveness of measures countries person put successful place. That is how, done our communal evaluations, we person identified gaps that request to beryllium addressed,” it said.

FATF said it is processing further guidance connected violent financing consequence to assistance experts who lend to evaluations of jurisdictions worldwide.

In May this year, weeks aft nan Pahalgam attack, India Today reported that New Delhi had launched a coordinated negotiated run to item Pakistan's domiciled successful panic financing. As portion of nan effort, India was besides preparing to taxable a dossier to nan FATF containing financial records, intelligence inputs, and world grounds linking Pakistan's state-backed entities to proscribed violent groups. 

Officials said that nan information showed systematic support — not isolated incidents — including nonstop backing and logistical assistance for cross-border terrorism.

The dossier was expected to impulse nan FATF to reconsider Pakistan's removal from nan grey database successful 2022, citing failures to curb panic financing. India is besides reportedly lobbying financial institutions for illustration nan IMF and World Bank to reassess their assistance to Pakistan, pointing to grounds that outer backing whitethorn beryllium diverted to subject and terror-linked activities.

Citing Pakistan's allocation of astir 18% of its nationalist fund to defence — supra nan emblematic 10–14% scope successful conflict zones — Indian officials reason that subject spending continues to turn disproportionately, moreover amid economical crisis. Arms imports reportedly roseate by 20% during years erstwhile IMF costs were active, further fuelling concerns complete misuse of aid.

Published on: Jun 16, 2025 6:37 PM IST