Pakistan has had to eat my mouth in Operation Sindoor. After the rescue between the US, the ceasefire between India and Pakistan was possible. But Pakistan’s activity against India is not over. Pakistani leaders come to Bangladesh. Pakistani General Munir’s contact with US officials and China’s continuous support is nothing short of a danger bell for India. By the way, the transactions directly from Pakistan are completely banned. Despite this, the RBI has given clear instructions to all government, non -government and NBFCs in the country.
Those instructions are that Pakistan has been asked to increase the investigation of the incoming money indirectly. Reuters quoted a letter written by the RBI to the banks of all the ways that this money could be used to buy weapons. For this reason, such transactions have been described as high risk. According to the information, direct flow of money from Pakistan to India is almost restricted and the approval of the Central Bank is necessary for each transaction.
Shocking talk revealed after investigation
This directive issued on 6 August, in May, has been issued after an investigation conducted by Indian agencies after a fierce military conflict between the two neighboring countries. From the point of view of arms funding, Pakistan has been described as “high risk” area and Indian investigation regarding arms funding has been cited, but their findings were not explained in detail.
Reuters report quoting a government formula, which is directly aware of the case, said that Indian investigative officials found that some Pakistani citizens had sent funds to India through other countries. On condition of not being authorized to talk to the media and not to reveal the identity, a source told the Reuters that India’s banking channels are “high risk” for Pakistan’s weapons for funding.
The RBI has created a general guideline for banks to prevent money laundering, weapons and funding funding, but no instructions attracting attention to Pakistan have yet come out. However, the Reserve Bank of India did not respond to the request of the Reuters’ remarks. Pakistan Bank Association President Zafar Masood said in a statement that Pakistan’s “Money Law is very strict and strong to deal with the funding and funding of terrorism.
RBI explained by example
RBI letters, written to banks and non-banking lenders, also cite examples where Pakistan has been accused of violating global sanctions and rules. It mentions that a report of the Global Money Laundering Prevention of Prevention of Monitoring Institution Financial Action Task Force was accused of avoiding restrictions by importing items for missile development at the National Development Complex, Pakistan’s official institution, National Development Complex. Pakistan’s Foreign Ministry did not respond to the Reuters’ request for remarks. The letter also listed North Korea as a “high risk” jurisdiction, and the past cited the sanctions imposed on it by the United Nations Security Council.