New Delhi: In a desperate bid to come out of Financial Action Task Force’s grey list, Pakistan has imposed tough financial sanctions on 88 banned terror groups and their leaders, which includes Hafiz Saeed, Masood Azhar, Dawood Ibrahim and Zakiur Rehman Lakhvi. Also Read - Imran Khan UNGA 2020 Speech Almost Replica of 2019 litany

The Paris-based FATF put Pakistan on the grey list in June 2018 and asked Islamabad to implement a plan of action by the end of 2019, but the deadline was extended later due to COVID-19 pandemic. Also Read - Leader of Pakistan Called For Action Against Those Who Incite Hate, Was he Referring to Himself? India at UNGA

The government issued two notifications on August 18 announcing sanctions on key figures of terror outfits such as 26/11 Mumbai attack mastermind and Jamaat-ud-Dawa (JuD) chief Saeed, Jaish-e-Mohammed (JeM) chief Azhar, and underworld don Dawood Ibrahim. Also Read - Indian Delegate Walks Out of UNGA in Protest After Pakistan PM Imran Khan Raises Kashmir Issue

The notifications announced sanctions on key figures of terror outfits such as the Jamaat-ud-Dawa (JuD), JeM, Taliban, Daesh, Haqqani Group, al-Qaeda, and others.

Ibrahim, who heads a vast and multifaceted illegal business, emerged as India’s most wanted terrorist after the 1993 Mumbai bombings.

The government ordered the seizure of all movable and immovable properties of these outfits and individuals, and freezing of their bank accounts.

Pakistan has also issued financial sanctions against Afghanistan’s Taliban, just as the militant group is in the midst of the US-led peace process in the neighbouring country.

In April this year, Pakistan removed Lakhvi’s name from its watch list, reports said.

(With PTI Inputs)