India has frozen assets worth Euro 3 lakh (over Rs 2.12 core) of over three dozen entities on charges of terrorist financing and money laundering of illicit funds, a latest report by global anti-financial terror body FATF has said.
The body has conducted a mid-session review of various countries and economic powers of the world in the wake of the increased activities of dreaded terrorist group, ISIS, around the globe.
The banned group has also been held responsible for the recent terror attacks in Paris which killed
129 people. As part of India’s initiative against suspect funds and those related to terrorism, the FATF report said the country has frozen assets to the tune of Euro 3 lakh belonging to 37 entities till August 15 this year.