ED conducts searches at six J&K locations in narco-terror funding case
Jammu, Nov 6 (IANS) The Enforcement Directorate (ED) sleuths on Thursday carried out searches at six locations in Jammu and Kashmir in connection with a narco-terror funding case.
A statement by the Jammu zonal office of the ED said, “ED Jammu sub-zonal office is conducting search action at six locations in Jammu (two premises) and the Kashmir region (four premises) in connection with narco-terror funding case.”
The search also covers the residential premises of Jatinder Singh alias Babu Singh, an ex-MLA and former minister, situated at Kathua.
“As per the facts of the case, one Mohd Shareef Shah was apprehended by police authorities on 30.03.2022 while attempting to deliver Rs 6.9 lakh in hawala money from Kashmir to Jammu to one Jatinder Singh alias Babu Singh, an ex-MLA and former minister who was intended to fund separatist and secessionist groups in Jammu to carry out subversive activities,” the statement mentioned.
“In further investigations, to ascertain forward/backward linkages, a whole nexus, involving accused Saif Din, Farooq Ahmed Naikoo, Mubashir Mushtaq Fatoo and others, was revealed, involving cross-border, Pakistan-based operatives, running a narco-terror module to fund subversive activities. Vide analysis of the relevant bank accounts, it was found that the accused Farooq Ahmad Naikoo orchestrated a narco-terror funding network wherein heroin smuggled from Pakistan was sold in India, during 2021-22, and the cash from these sales (Proceeds of Crime), over Rs two crore, was deposited into local bank accounts in Srinagar during 2021-22,” the ED said in the statement.
Subsequently, these funds were transferred to bank accounts of Indian citizens working in Dubai who acted as mule end points to obscure the origin of the funds.
“Such Proceeds of Crime, withdrawn and accumulated in Dubai, were further routed to Hizb-ul-Mujahideen terrorists operating from Pakistan. Further investigation is in process”, the ED statement said.
The J&K Police, security forces, NIA, ED and other agencies are carrying out aggressive anti-terrorist operations involving terrorists, their overground workers (OGWs), sympathisers, drug smugglers and those involved in hawala money rackets and other unlawful financial activities.
The revised strategy is aimed at dismantling the complete ecosystem of terror. It is believed that funds generated by drug smuggling, hawala money rackets and unlawful financial activities are finally used to sustain terrorists in Jammu and Kashmir.
–IANS
sq/dpb
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
