The National Investigation Agency (NIA) on Sunday carried out searches at 9 locations in Poonch district in a five-year-old case associated to misappropriation of funds arising out of commerce throughout the Line of Control for selling terrorism in Jammu and Kashmir.
The raids have been carried out with the assistance of Jammu and Kashmir Police, Central Reserve Police Force (CRPF) and Indo-Tibetan Border Police (ITBP) within the case registered by the NIA on December 9, 2016. Unlawful Activities (Prevention) Act, mentioned a spokesperson of the NIA.
On April 18, 2019, India indefinitely suspended cross-LoC commerce at two factors alongside the Line of Control (LoC) in Jammu and Kashmir following studies that arms, narcotics smuggling by components from throughout the border It was being “misused”. counterfeit forex.
The goal of LoC commerce at Chakan-da-Bagh in Poonch district of Jammu area and Salamabad in North Kashmir’s Baramulla district is to function a confidence-building measure (CBM) for the inhabitants dwelling in Jammu and Kashmir and throughout the Line of Control, occupied by Pakistan. was in Kashmir (PoK).
“LoC commerce was began within the 12 months 2008 as a part of a confidence-building measure between JK and PoK. Trade was based mostly on the barter system and third get together authentic items weren’t allowed. The pressing matter pertains to switch of funds from Pakistan to India by means of import of California almonds and different commodities on a big scale by Cross LoC Trade Facilitation Centers (TFCs) situated at Salamabad and Chakkan-da-Bagh,” the NIA mentioned. .
The spokesperson mentioned that these funds are getting used to advertise terrorism and separatism in Jammu and Kashmir.
“Investigation of the case has revealed that some traders doing excess imports were using surplus profits accruing to terrorist organisations, while others are suspected to have links/links with banned terrorist organisations,” the NIA mentioned.
During searches carried out at a number of locations, the spokesperson mentioned that paperwork, digital units and different incriminating materials have been recovered from the premises of the suspects.
“Further investigation is on in the matter,” the NIA mentioned.
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With inputs from TheIndianEXPRESS
