Fake currency: From Karachi to India through Bangladesh
The Karachi-Bangladesh-West Bengal route is today the most notorious where the circulation of fake currency is concerned. The fake currency printed in the denominations of Rs 500 and Rs 1,000 at a printing press in Muzzafarabad is brought in bulk to the Karachi airport and then flown into Dhaka.
From Dhaka, it is moved by road and lands up in the Malda district of West Bengal and then circulated to the rest of the country is what investigations by the National Investigation Agency has found.
Rs 31 lakh moved by foot into India:
NIA officials told Oneindia that all the fake currency that comes in from Dhaka is moved to the border and then transported into India by foot. The fake currency is handed over to labour who come into India illegally in search of jobs. They are handed over notes in the denominations of Rs 1,000 and Rs 500 and are asked to drop it off at Malda in West Bengal which has become a major collection point.
For
those
circulating
fake
currency
from
Pakistan
this
has
been
the
most
favourable
route
since
the
surveillance
is
comparatively
less.
Notes
are
handed
over
to
construction
labour
who
are
always
looking
to
enter
into
India
for
a
better
pay.
They
are
paid
a
measly
sum
of
money
for
transporting
the
notes
and
most
of
the
times
they
are
unaware
of
what
they
are
even
carrying.
Unchecked
racket
in
Karachi:
When the NIA questioned several persons in connection with this racket it was found that an operative by name Hossain Morjen was the point man in Malda.
He is given 30 per cent of the value of the fake currency and his job was to ensure it was pushed into the rest of the country. After having the money picked up he hands over the same to Rakib Shaikh another operative who distributes it to the other parts of the country.
The currency has moved to Assam and even parts of South India, the NIA has discovered. What has stunned the NIA is that the fake currency is openly moved into the Karachi airport. It passes through there without any checks.
The money is bundled into a gunny sack and then flown in Dhaka where another person by the name Shaikh Hussain is tasked with collecting it.
With the blessings of Pakistan:
The Intelligence Bureau and the NIA have always maintained that the fake currency racket has the blessings of the Pakistan establishment. The ISI was in fact instrumental in ensuring the smooth passage of the printing paper between the UK and Pakistan.
The reason why the fake currency looked so authentic was because the paper was being sourced by the Pakistan mafia and the Indian government from the same place in the UK.