Islami Bank connections: Road taken by Saradha money to reach terror outfits
Now with India seeking a report from Bangladesh on whether Saradha money was parked in this bank, the probe becomes even more interesting. Indian agencies suspect that the Jamaat-e-Islami collected Saradha funds, parked it in this bank following which it was moved to Saudi Arabia and Mexico.
One more bank under scanner
The scanner is also on another bank called the Social Islami Bank which is directly connected to banks in Saudi Arabia and the agencies suspect that the Saradha money could have moved through this channel.
This bank, according to the Intelligence Bureau, is directly connected to the Jamaat-e-Islami which has been accused of parking Saradha money at the behest of Trinamool Congress MP, Ahmed Hassan Imran.
This bank has been accused several times in the past for helping divert terror funds and there have been several instances to show that fake currency was also being circulated from this bank. The case of the Limbini Garment company was an eye opener in which it was found that several thousand notes which were drawn out of this bank were fake.
According to the IB this bank facilitates the parking of funds relating to the Jamaat-e-Islami.
The probe process
Based on the inputs that the Indian agencies have the money that was parked into the IBBL was moved into another bank in Saudi Arabia. Once Bangladesh provides India with the information it would become clear if the money was moved into the Al Rajhi bank in Saudi Arabia.
The modus operandi of these banks have been busted several times by various agencies. The hundi money which is collected towards relief work by groups such as the Lashkar-e-Tayiba and Jamaat-e-Islami is parked in these banks first. Over a period of time it is transferred to terror groups with the help of middle-men.
The report that Bangladesh would provide India would help us not only find the exact trail of the Saradha money but also detect the money trail in the Burdhwan blast as well. The Jamaat-ul-Bangladesh relies heavily on the the Jamaat-e-Islami for both logistic and financial support and Indian agencies suspect that money could have been moved for this purpose also.
Both the JMB and the Jamaat work for a common cause and that is to throw out the Awami League out and there is a good chance that all these incidents may be interconnected an official also informed.