Sources within the NIA have reveled that a part of the money received through such hawala channels by HM operatives goes to separatist leaders in Kashmir while a part of the same is utilized to fuel militancy. An estimated Rs 100 crore have been channelised through these underground hawala operations. The NIA is believed to have registered 2 FIRs based on the information gathered.
One of the FIR states, "The funds received from Pakistan are transferred to Jammu & Kashmir, Delhi and other places in India through the hawala channel by a front organisation of HM which goes by the name of Jammu & Kashmir Affectees Relief Trust (JKART)."
The FIR also briefs on the organisation, JKART that has its head office in Rawalpindi and branch offices in Islamabad and Muzzafarabad in Pakistan-occupied Kashmir. The FIR adds, "Its chairman is Mehboob ul Haq and the post of general secretary is held by Masroor Dar."
NIA sources also revealed that Delhi was fast emerging as a major hub for terror operations. Once the hawala money reaches Delhi, the same is channelised to cells in Jama Masjid, Lajpat Nagar and Bhogal areas, added sources. The NIA also suspects the use of normal banking channels to disburse the money after it reaches Delhi.
An NIA source commented, "The HM is getting significant funding from Pakistan based Hizb-e-Islami which led by Masood Sarfaraz. In case of LeT, the money is coming from the Gulf too." The NIA has identified three Baramulla residents as the conduits in the LeT operation.