Like much of the NAP, the activation of Nacta may be wishful thinking. There has never been any serious attempt to empower the organisation, its funding has been paltry, its operational framework unclear. Finance Minister Ishaq Dar made a blustering reply to questions after attending a meeting that discussed antiterrorism financing. He said that the problems that Nacta faced in pursuing miscreants were “the same that any new organisation faces after its establishment”. Considering that Nacta has been in existence for seven years, this is something of a stretch. The State Bank of Pakistan has not exactly been expeditious either, with the governor saying that he “needed more time” to finalise recommendations regarding terror financing and overall no agency or individual holding the levers of power appears overly anxious to get seriously tough on those that fund terrorism. It is true that Rs1 billion of al Qaeda money has been frozen under a UN resolution, but a mere Rs3.5 million in the account of terrorism — very small change indeed. By all means activate Nacta — but do it for real this time and stop pussyfooting around.
Published in The Express Tribune, January 11th, 2016.
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