Fake currency: New challenges ahead for NIA
New Delhi, Sept 28: The Joint Task force on Fake Currency Notes (FCN) between India and Bangladesh has seem some resounding success and has prompted the racketeers to find newer avenues.
Tamil Nadu to West Bengal: How the hawala route was un-earthed?
While for the National Investigating Agency cracking down on several cases relating to is a major achievement, it would need to continue this fight as newer avenues are being explored by the racketeers.
After the Pakistan to India route to pump in fake currency was completely shut down by the security forces, the Bangladesh to West Bengal route became the new headache.
With cooperation from Bangladesh, the NIA has managed to arrest over 20 key operatives and also seize fake currency to the tune of Rs 30 crore. However what is more important for the NIA is that it is gradually busting the routes created by those dealing in fake currency.
The
fight
will
go
on:
The
war
against
fake
currency
is
an
ongoing
war.
The
stakes
involved
are
so
high
that
those
behind
this
racket
will
continue
to
find
newer
routes.
The
Bangladesh
to
West
Bengal
route
had
become
a
major
headache
and
there
were
units
which
managed
to
pump
in
fake
currency
into
the
rest
of
India
with
much
ease.
There was a need for continued intelligence sharing with Bangladesh in order to crack down on this menace. Both the countries decided to establish a Joint Task Force on Fake Currency and this gave the NIA the much needed dividends.
The NIA counterparts in Bangladesh are not only involved in providing key intelligence, but also have carried out arrests and seizures. Only last week Bangladesh seized fake currency worth Rs 2.70 crore at the Chittagong port.
A
new
route
discovered:
The
NIA
while
analyzing
the
recent
seizures
has
however
discovered
that
there
is
a
newer
route
that
is
being
explored
by
the
Pakistan
sponsored
racketeers
of
fake
currency.
The
NIA
has
learnt
that
there
is
a
manufacturing
unit
that
has
been
set
up
now
in
Saudi
Arabia
from
where
fake
currency
is
being
pushed
into
the
Indian
market.
Those part of this racket have now been pushing the fake currency into the North Eastern states. With the West Bengal module busted, the new landing point is Tripura, the NIA has learnt. Various routes have been taken to ensure that the fake currency reaches the North Eastern states. One such route discovered is via Colombo.
NIA officials say that the war against fake currency would be a continuous one. With Bangladesh we have drafted a standard operating procedure to curb the menace of fake currency. Such operations will need to be carried out with the help of other nations as well, the NIA officer also informed.
OneIndia News