Pakistan imposes tough financial sanctions on Hafiz Saeed, Masood Azhar and Dawood Ibrahim to avoid FATF blacklist

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In a major development, the Imran Khan-led government in Pakistan has banned 88 new terrorists, in compliance with the new list issued by the United Nations Security Council (UNSC).

The banned terrorists include Masood Azhar, Hafiz Saeed and Dawood Ibrahim, local media reports said.

The notifications order seizure of all movable as well as immovable properties of these outfits and individuals, besides freezing of their bank accounts. They have been also barred from transferring money through financial institutions, buying arms and travelling in foreign countries.

In June 2018, Paris-based FATF put Pakistan on the grey list and asked Islamabad to implement a plan of action by the end of 2019. Later, the deadline was extended owing to the COVID-19 pandemic.

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