[vc_row][vc_column][vc_column_text]Allegedly, the accused were collecting demonetized notes and converting them into new ones – with the help of bank officials.
In a major crackdown against the circulation of black-money, a day before the anniversary of the demonetization policy, the National Investigation Agency (NIA) on late Monday recovered demonetized notes worth Rs 36.34 crore – during its probe against terror-funding in Jammu and Kashmir.
Sources have confirmed that the NIA arrested nine people in connection with the probe. Allegedly the arrested were collecting scrapped notes of the denomination Rs 500 and Rs 1000 and were converting them into new notes with the help of bank officials.
According to the sources, a pan-India network is active across the country and was involved in collecting old notes, seeking to convert them into new ones. Reportedly, the network also had connections with the separatists and terrorists in the valley.[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]The nine arrested during the latest crackdown, includes – Delhi-residents Pradeep Chauhan, Bhagwan Singh and Vinod Shreedhar Shetty, Mumbai-based Deepak Toprani, Ejajul Hassan of Amroha, Jaswinder Singh of Nagpur, and Jammu and Kashmir-residents Umar Mushtaq Dar of Pulwama, Shahnawaz Mir of Srinagar and Majid Yousuf Sofi of Anantnag. Sources claimed that the accused were planning to have a meeting near YMCA on Jai Singh Road of the valley.
NIA spokesperson, Inspector General Alok Mittal said that the NIA team arrested seven of the nine accused while they were carrying 28 cartons of old notes in four vehicles – BMW X3, Hyundai Creta SX, Ford EcoSport and BMW X1. The team arrested three other accused later in the day. An NIA official stated that the total worth of the seized notes is Rs 36,34,78,500.
The NIA raid came a day before the anniversary of the demonetization policy – which was implemented by the Narendra Modi government on November 8 last year. While many including opposition leaders still criticize the anti-graft policy over its hasty implementation – that triggered mass outcry among the common men – the leaders of the Bharatiya Janata Party (BJP) lauded the Prime Minister’s decision, citing several crackdowns on black money – including the latest raid by NIA.
Earlier in September this year, the NIA has conducted raids at 11 locations in Srinagar of Jammu and Kashmir and five places in Delhi – at premises of traders who are allegedly linked with hawala operations and are using money to fund terror and separatist activities. The NIA move came a day after it arrested two people – including a freelance journalist – for their alleged role in stone pelting at the valley and for support against security forces through social networking sites. The accused, identified as Javed Ahmad Bhat and Kamran Yusuf of Kulgam and Pulwama districts of Jammu and Kashmir, were arrested in connection with an ongoing probe into terror funding.
The NIA had earlier made multiple arrests as a part of its investigation in the terror-funding case registered on May 30 – where Jamat-ud-Dawa (JuD) Chief and alleged Mumbai terror attack mastermind, Hafiz Saeed, is also an accused.[/vc_column_text][/vc_column][/vc_row]