FATF progress would not have been possible without HBL chairman's contribution: Ali Zaidi.

KARACHI -- Former federal minister Ali Haider Zaidi on Saturday said that Pakistan's achievement in completing the tough criteria set by the Financial Action Task Force (FATF) would not have been possible without the contribution from HBL Chairman Sultan Ali Allana.

In a major development on Friday, the international financial watchdog for combating money laundering and terrorist financing announced that Pakistan has 'substantially completed its two action plans' and would be removed from the grey list after it passes the on-site visit stage.

The development was warmly welcomed by all sections of the society and those who worked tirelessly to achieve this herculean task were duly praised.

In this regard, the PTI leader took to Twitter to highlight the efforts of Sultan Ali Allana in making it possible.

'While many contributed brilliantly towards our success in FATF, I must specially acknowledge HBL Chairman Sultan Ali Allana, who hired and paid millions of dollars to top international consultants required to guide our Pakistan team in helping us get through FATF. Well done HBL Pakistan,' the minister said.

The HBL chairman, while speaking to Geo News, said that it was not...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT