Pakistan warns Australian banking change will aid terrorists

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Pakistan is worried the shutdown of all the accounts of international money transfer agents by Australian banks will make it harder to stop funds being sent to terrorists. Pakistan High Commissioner Naela Chohan said completely shutting down the accounts may actually make it harder for them to check if money is going to terrorists and argued the banks' approach contravenes agreements by the global Financial Action Taskforce and the G20.

Read the story in Sydney Morning Herald. http://www.smh.com.au/business/banking-and-finance/pakistan-warns-banking-change-will-aid-terrorists-20141222-12cgi1.html

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