September 7, 2017 6:40 PM

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Pakistan is among top 50 countries with high terrorism financing and money laundering risks: Swiss group

A latest report by a Swiss group says, Pakistan is among the top 50 countries with high terrorism financing and money laundering risks. The Basel Institute on Governance, in its 2017 edition of the Anti-Money Laundering Index said, that Afghanistan, Nepal and Sri Lanka stand out with particular high risk scores in the Index. <br/><br/>Basel assessed 146 countries regarding money laundering and terrorism financing risks before reaching its conclusion. Pakistan has been placed on the 46th position in the list. The 10 countries with the highest AML risk are Iran, Afghanistan, Guinea-Bissau, Tajikistan, Laos, Mozambique, Mali, Uganda, Cambodia and Tanzania, while the three lowest risk countries are Finland, followed by Lithuania and Estonia. India has been placed on 88th rank.

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