Pakistan in a showoff action bans Hafiz Saeed led JuD, Falah-i-Insaniat Foundation from collecting donations

Islamabad, January 2: Pakistan has been criticized across the world for not taking any stringent actions against terrorist groups and therefore it sometimes takes some showoff decisions. After being criticized across the world, Pakistan on Monday banned a global terrorist and 26/11 Mumbai attack mastermind Hafiz Saeed-led Jamaat-ud-Dawa and Falah-i-Insaniat Foundation from collecting donations.

 

Notably, The Securities and Exchange Commission of Pakistan (SECP) which is the financial regulatory body has issued a notification and announced a ban on the funding of Mumbai attack mastermind Hafiz Saeed-led Jamaat-ud-Dawa and Falah-i-Insaniat Foundation.

The Securities and Exchange Commission of Pakistan (SECP) issued a notification prohibiting the collection of donations by the JuD, the front organization of banned outfit Lashkar-e-Toiba, as well as several other such organizations named in a list of banned outfits by the UN Security Council. In addition to JuD, the list also includes LeT itself, the Falah-i-Insaniat Foundation (FIF), the Paasban-i-Ahle-Hadith and Pasban-i-Kashmir, among others.

In a notification, it said, "The Securities and Exchange Commission of Pakistan hereby prohibits all companies from donating cash to the entities and individuals listed under the UNSC sanctions committee's consolidated list." "The Government of Pakistan has already prescribed a penalty of up to Rs 10 million for non-compliance on the sanctions regime being implemented," it said.

The SECP notification also warned that non-compliance with the said ruling could result in a hefty monetary fine. In addition to JuD, the list also includes LeT itself, the Falah-i-Insaniat Foundation (FIF), the Paasban-i-Ahle-Hadith and Pasban-i-Kashmir, among others, the notification said.

However, the move from Pakistani administration comes on the same day when US President Donald Trump accused Islamabad of giving nothing to the US but lies and deceit and providing safe haven to terrorists in return to 33 billion dollars aid.

Importantly, the JuD is the front organization for the LeT and is an umbrella group of 40 religious and extremist groups in Pakistan headed by Hafiz Saeed who is responsible for carrying out the 26/11 Mumbai attack. It has been declared as a foreign terrorist organization by the US in June 2014.