India has accused Canada of harboring terrorists and criminal factions, notably Khalistani elements. Despite presenting evidence, Canada has not acted against terrorism and Khalistani militants within its borders. India emphasizes that the fundamental problem lies in terrorism, its funding, and providing sanctuaries for terrorists abroad, including in Canada.
And so, the Indian PM intends to provide FATF with both old and new evidence concerning terror funding and financing originating from Canada.
India is reportedly considering reporting Canada’s inaction on terror funding to the Financial Action Task Force (FATF), as per a Sunday Guardian media report. India plans to submit a dossier, containing old and new evidence, to the Paris-based watchdog, responsible for combating money laundering and terror financing. Canada has diverted attention from the core issue of Khalistani elements operating freely within its borders.
Left with no choice, India intends to highlight Prime Minister Justin Trudeau’s lack of action against pro-Khalistan elements in FATF. An informed source revealed that India will collect evidence of terror funding from Canada, potentially leading to significant consequences for Canada if India proceeds with this action.
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India has heightened its criticism of Canada, alleging that the country is providing a safe haven for terrorists. This accusation comes amid strained diplomatic relations between New Delhi and Ottawa, exacerbated by the killing of Khalistani terrorist Hardeep Singh Nijjar.
The Ministry of External Affairs spokesperson emphasized that the broader issue at hand was terrorism, terror funding, and the provision of safe havens for terrorists abroad.
However, there is one big point to note. India is not the sole accuser in this matter. Notably, former Pentagon official Micheal Rubin also urged taking Canada to FATF due to its negligence regarding the Khalistan matter.
Bangladesh has claimed that Canada is deliberately obstructing the extradition process of Noor Chowdhury, the self-confessed assassin of Bangladesh’s founding father.
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Additionally, Sri Lanka has accused the Canadian government of providing refuge to terrorists. Sri Lankan Foreign Minister Ali Sabry expressed concerns about terrorists finding safe haven in Canada. Trudeau’s government has faced criticism for making unsupported allegations, including a false claim about a genocide in Sri Lanka, raising further questions about Canada’s stance on these serious matters.
Accusations from multiple nations indicate a pattern of behavior that demands attention on the global stage. Canada’s actions, or lack thereof, regarding these accusations, may have far-reaching consequences in international relations.
If the allegations are proven, blacklisting or graylisting Canada by FATF could result in heightened scrutiny of financial transactions involving Canadian entities, complicating international banking and business operations.
This designation might adversely impact Canada’s economy, reducing foreign investments and causing economic instability due to limited access to global markets. Additionally, Canada could face increased borrowing costs, as international lenders may perceive it as a higher risk, making it costly for the government and businesses to borrow funds internationally.
Canada’s already strained economy could face severe financial strain, exacerbating the potential consequences of such a designation.
If Canada ends up on FATF’s radar, it would mark an unprecedented move among major Western nations. Typically, FATF targets jurisdictions with lax anti-money laundering and counter-terrorist financing measures. If India manages to garner international support and even greylist Canada, Trudeau’s government could find itself in an economic battleground unlike any it has faced before. He has probably miscalculated the potential outcomes of a diplomatic tiff with India.