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Pakistan Raises Masood Azhar Bounty Ahead of Crucial FATF Review

Pakistan Raises Masood Azhar Bounty Ahead of Crucial FATF Review
Masood Azhar's bounty hike: Is Pakistan's FATF move merely symbolic? Expert weighs in · livemint.com

Pakistan has increased the reward for finding Masood Azhar, a wanted militant leader.

The country says this through its Federal Investigation Agency’s most-wanted list.

The announcement comes before an important Financial Action Task Force meeting in October.

This group checks whether countries are fighting terrorism financing properly.

An expert said increasing a reward may not be enough by itself.

The group will likely look for real and lasting enforcement actions.

Pakistan was removed from increased monitoring in 2022 after completing required action plans.

India is watching closely because Azhar’s organization has been linked to attacks against India.

India could use a negative FATF decision to increase diplomatic pressure on Pakistan.

Key facts

New bounty
PKR 70 lakh, after a PKR 20 lakh increase
Listing agency
Pakistan’s Federal Investigation Agency
Target
Masood Azhar, chief of Jaish-e-Mohammed
Upcoming review
Financial Action Task Force plenary in October
Previous FATF status
Pakistan was removed from increased monitoring in October 2022 after completing prescribed action plans
Other listed suspects
The updated roster includes 11 Lashkar-e-Taiba terrorists accused of facilitating the attackers’ sea voyage

Quotes

Suresh K Goel

Former Indian Foreign Service officer commenting on Pakistan’s measures and FATF scrutiny.

“India is watching this move with great interest. If FATF places Pakistan on either the grey or black list, it yields significant leverage for India. Depending on FATF's final decision, India will determine its next diplomatic steps.”
livemint.com
“I think this is not the first time Pakistan has taken such an action. We have seen Pakistan do this before, essentially to convince or reassure other member countries that it is taking action wherever required.”
livemint.com

Sources

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