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Millennium Post

NIA probes routing money through locals to fund militancy

The NIA has launched a probe to track the funding of militants in Jammu and Kashmir by their sympathisers abroad who have started using bank accounts of ordinary citizens to route money to finance their activities in the restive state. 

Running the risk of getting caught by the Indian security and intelligence agencies, the militant organisations and their sympathisers have begun jettisoning the hawala channels for transferring money and are wooing Kashmiris who travel to gulf countries for work.

The individual is persuaded to receive money in his bank account which is then used for financing terror activities, official sources said. One per cent of the money received is left in the bank account of the individual by their ‘handlers’ based abroad as commission, they said. 

The money so deposited in the bank accounts is withdrawn within days.  Sources in the anti-terror probe agency said discreet inquiries showed that some people who received such dubious money in their accounts had no connection whatsoever with the depositors and the amounts were withdrawn within 48 hours of being transferred. 
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