NEW DELHI: India is planning to call the bluff of Pakistan in tackling terror finance emanating from its soil during the third Financial Action Task Force (FATF) plenary starting on Sunday in Brisbane, Australia.

According to sources, India will present the evidence to expose Pakistan’s claim that it has been acting against terror financiers and outfits such as al Qaeda and Taliban.

“It is a known fact that after the ban these outfits opened different franchise to operate. It had issued sanctions against Jamaat-ud-Dawa (JuD) but the outfit is still operating from Pakistan with various other subsidiary organisations. Its chief Hafiz Saeed as well as most wanted terrorist Dawood Ibrahim is still sheltered by the Pakistan. We have gathered enough evidence to expose Pakistan’s dubious act,” government sources said.

Funding to terrorist organisations such as IS is one of the agenda of the meeting, which will also elaborate on the ongoing research to identify and analyse emerging terrorist financing risks and decide on action against the abuse of the financial sector for terror funding.

According to sources, Pakistan had told an earlier FTAF meeting that it had frozen the bank accounts of JuD. However, they said the outfit was operating through an offshoot Falah-e-Insaniat Foundation Pakistan (FIF) and was involved in raising terror funds for Lashkar-e-Taiba. In August 2014, Muhammad Iqbal, founding member of FIF, was put on the list of Specially Designated Global Terrorists (SDGT) by the United States. Iqbal had made the payment to purchase Voice over Internet Protocol (VoIP) used by Mumbai attackers on 26/11. “As early as on June 18, JuD Chief Hafiz Saeed, who is on the most wanted terrorist lit, had attended FIF meeting and it clearly shows that the so-called ‘ban’ is just an eye-wash,” sources further added.

The FATF is an inter-governmental body established in 1989 by the ministers of its member jurisdictions to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.