State Bank orders freezing of terror financing accounts

Islamabad (News Desk): The State Bank of Pakistan (SBP) has directed all banks in the country to freeze accounts worth millions of rupees linked to 2,021 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 our correspondent, a list of 2,021 individuals — mostly leaders and office-bearers of sectarian groups — has been sent to banks along with directive.

Some prominent names on the list are 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).

No one from Khyber-Pakhtunkhwa has been included in the list.