Pakistan’s Senate rejects two FATF-linked bills

Pakistan’s Opposition-dominated Senate has rejected two bills related to the tough conditions set by the FATF, jeopardising the government’s efforts to escape from being blacklisted by the global money laundering and terrorist financing watchdog.

The move drew a strong reaction from Prime Minister Imran Khan who accused the Opposition leaders of trying to save their illegal money.

The Anti-Money Laundering (Second Amendment) Bill and the Islamabad Capital Territory (ICT) Waqf Properties Bill, passed by the National Assembly a day before, were rejected through a voice vote by the Senate on Tuesday.