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NACTA and SECP are going to work together to end terror financing

SAMAA | - Posted: Jul 24, 2018 | Last Updated: 2 years ago
SAMAA |
Posted: Jul 24, 2018 | Last Updated: 2 years ago
NACTA and SECP are going to work together to end terror financing

NACTA and SECP have signed a memorandum of agreement which aims to curb the financing of terrorist activities in the country.

Photo: AFP

The National Counter Terrorism Authority and the Securities and Exchange Commission of Pakistan have signed a memorandum of understanding which aims to curb the financing of terrorist activities in the country.

The memorandum is aimed at bolstering combined efforts in order to curb the bankrolling of terrorism in the country.

NACTA chief Dr Salman and SECP Chairperson Shoukat Hussain signed the agreement.

Dr Salman, speaking on the occasion, said that the collaboration between the SECP and NACTA is of vital importance.

“We will work together to boost the capacity of law enforcement agencies,” he added.

He continued that they will spread awareness of the financial facilitation of terrorists and illegal transfers of cash.

Hussain said that effective steps will be taken to stop the illegal transfer of money earned through the drug trade.

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