Philippines Celebrates Removal from FATF Grey List

The Philippines has officially exited the Financial Action Task Force (FATF) grey list, a designation for countries under increased monitoring for money laundering and terrorism financing. The decision, announced on Friday, marks a significant milestone for the country’s financial reputation. Removal from the list is expected to improve cross-border transactions, financial transparency, and economic stability. …

FIA files cases against Jahangir Tareen and Ali Tareen

Jahangir Tareen, the leader of the Pakistan Tehreek-e-Insaf, has been charged with fraud and money laundering. On March 22, a Federal Investigation Agency (FIA) Lahore investigation team filed a lawsuit against them for a suspected Rs3.14 billion scam. Jahangir Tareen is accused of transferring fraudulent shares worth billions of rupees to Farooqi Pulp Mills Limited …

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