Hafiz Saeed and his two aides - Zafar Iqbal and Yahya Mujahid - have been sentenced to 10-and-a-half years each, while his brother-in-law Abdul Rehman Makki has been sentenced to six-month imprisonment.
The FATF in October last decided to keep Pakistan on its 'Grey' list for failure to curb funnelling of funds to terror groups Lashkar-e-Taiba, Jaish-e-Mohammed and others.
Without naming Pakistan, the FATF said in a statement that terrorists use various methods to gain financing, including using social media to identify new followers and to solicit financial or other forms of material support.
The Lahore anti-terrorism court has sentenced the man to imprisonment for five-and-a-half years and a fine of Rs 15,000 in each of the two cases.
“We have seen media reports that a court in Pakistan has sentenced UN-designated and internationally proscribed terrorist Hafiz Saeed in terror financing case. It is part of a long-pending international obligation of Pakistan to put an end to support for terrorism,” sources in the government said.
Pakistan Information Minister Fawad Chaudhry said the government had taken a firm decision that there would be stern action against all militant groups.
Earlier on Thursday, Pakistan had banned 2008 Mumbai terror attack mastermind Hafiz Saeed’s terror outfit Jamaat-ud-Dawa (JuD) and its front Falah-e-Insaniat Foundation (FIF).
Pakistan Prime Minister Imran Khan had on Thursday, while disclaiming responsibility, offered to punish anyone who was found using its territory.
In October last year, the Imran Khan government had removed Hafiz Saeed-led Jamaat-ud-Dawa (JuD) and Falah-i-Insaniyat Foundation (FIF) from the list of banned terror outfits in Pakistan.
External Affairs Ministry spokesperson Raveesh Kumar said there was no seriousness in Khan's statement that India was not ready for talks with Pakistan.
