India, May 27 -- Pakistan should be brought back to the Financial Action Task Force (FATF) grey list as it might use the $2 billion IMF loan to support its military and terror groups, Asaduddin Owaisi of the All India Majlis-e-Ittehadul Muslimeen (AIMIM) said.

Asaduddin Owaisi, who is part of the all-party delegation led by Bharatiya Janata Party MP Baijayant Panda, said on Monday that tighter financial scrutiny is needed against Pakistan, news agency ANI reported.

During an interaction with the Indian diaspora in Kuwait, the AIMIM MP said, "Pakistan must be brought back in the FATF grey list. The importance of the FATF grey list is that there will be huge scrutiny on that nation when you do money transactions."

He also pointed out tha...