ED, NIA to attach separatists assets on illegal funding in J&K

DECCAN CHRONICLE. | PRAMOD KUMAR
Published Aug 13, 2017, 2:02 am IST
Updated Aug 13, 2017, 2:02 am IST
The ED is investigating a money laundering case of alleged terror financing against Shah.
File photograph of Separatist leader Shabir Shah (left).
 File photograph of Separatist leader Shabir Shah (left).

New Delhi: After a spate of raids on separatist leaders in Jammu and Kashmir, the central investigative agencies — Enforcement Directorate (ED) and National Investigation Agency (NIA) — are now likely to initiate attachment of their assets, worth several crores. 

“The ED will attach Shabir Shah’s assets under stringent provisions of the Money Laundering Act. The NIA will attach properties of the separatist leaders under the Unlawful Activities (Prevention) Act. Both agencies have  identified their properties to be attached,” sources said. 

The investigative agencies were also in touch with certain banks in J&K to get details about their bank accounts and fixed deposits, they said, adding that these would be attached, too. The ED is investigating a money laundering case of alleged terror financing against Shah. 

It may be recalled that the agency recently arrested Srinagar-based Mohammad Aslam Wani, an alleged hawala dealer, in connection with the case against Shah, who is in the judicial custody.

Earlier on August 3, a Delhi court had allowed the Enforcement Directorate custody of Shah after the agency alleged that he was “ruining” the country by using money to fund terror. 

Location: India, Delhi, New Delhi




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