India calls for greater cooperation between global watchdog and UN to curb terror financing

India on Wednesday called for increased cooperation between the Financial Action Task Force and the United Nations to eliminate terror financing, PTI reported. The task force is an international watchdog that works to disrupt terror financing networks.

In a veiled attack on Pakistan, India condemned direct or indirect financial assistance to terrorists and terror groups by nations that enable them to pursue their activities, including assistance in criminal cases against them. Last month, Lashkar-e-Taiba founder Hafiz Saeed was allowed by one of UN’s three security council panels to withdraw money from his pension account for “necessary basic living expenses”.

The legal advisor of India’s United Nations Mission, Yedla Umasankar, told the UN General Assembly’s Sixth Committee that the international community should adopt and implement a policy of zero-tolerance towards terrorism.