Focus on fake notes used in terror funding

Guwahati | Monday | 17th September, 2018

Summary:

GUWAHATI: The arrest of four Hizbul Mujahideen operatives within 48 hours in the state has thrown the focus on counterfeit currency notes which are being used in terror funding. Assam Police suspect that huge caches of fake Indian currency notes (FICN), which are being used to fund terror activities in the region, have come from across the India-Bangladesh border. The National Investigation Agency (NIA), which is working closely with the state police, is trying to trace the money trails of these fake notes . "Most of these fake currency rackets are in districts of South Salmara-Mankachar, Dhubri, Hailakandi, Cachar and Karbi Anglong, all of which lie in close proximity to the Bangladesh. Many of these notes also enter Assam from Mizoram and Tripura Many militants have been held with fake currency notes in the state, thus revealing the nexus between these rackets and militant activities in the states..