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Reading: SBP orders freezing 2021 banks accounts of terror financing
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PhotoNews Pakistan > Business > SBP orders freezing 2021 banks accounts of terror financing
BusinessTop News

SBP orders freezing 2021 banks accounts of terror financing

Web Desk
By Web Desk Published September 25, 2016 1 Min Read
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The State Bank of Pakistan (SBP) has directed all banks to freeze 2,021 accounts linked to individuals listed on the Fourth Schedule of the Anti-Terrorism Act (ATA) 1997, in a major move to clamp down on terrorism financing.

According to SBP sources, a list of 2,021 individuals of sectarian groups has been sent to banks along with directive.

The list include Maulvi Abdul Aziz (Lal Masjid), Mohsin Najfi (Shia leader), Maulvi Ahmed Ludhianvi (Ahle Sunnat Wal Jamaat), Aurang­zeb Farooqi (ASWJ), Allama Maqsood Domki (Majlis Wahdat-i-Muslimeen), Shahid Bikik (Lyari Amn Committee) and others.

More than half of the listed persons (1,443) are from Punjab, followed by Sindh (226), Balochistan (193), Gilgit-Baltistan (106), Islamabad (27) and Azad Kashmir (26).

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