Demonetisation has turned the Lashkar into a bunch of thieves
LeT militants now looting banks in Kashmir to tackle cash crunch.
Srinagar, Dec 17: Hit by demonetisation, the Lashkar-e-Tayiba formed a module which focused on bank robberies in Jammu and Kashmir. Three militants of the dreaded outfit had robbed Rs 10 lakh from a bank at Ratnipora area in Pulwama on Thursday. A similar incident had taken place on November 21 when militants robbed a bank in the Chrar-e-Sharief areaof Budgam district. The militants escaped after robbing Rs 14 lakh. The Jammu and Kashmir police say that the module was headed by Arif Dar, Abu Ismail and Abu Ali.
Militants have been facing a cash crunch since the decision on demonetisation was made on November 8. The militants would rely heavily on the fake currency business to raise funds. However with the government declaring that the Rs 500 and 1,000 notes are no longer legal tender, the fake currency industry took a beating.
Funding
militancy
by
robbing
banks:
There
has
been
a
rise
in
the
number
of
bank
robberies
in
Jammu
and
Kashmir
since
the
decision
on
demonetisation
was
made.
The
module
headed
by
three
operatives
of
the
Lashkar-e-Tayiba
have
been
plotting
and
executing
a
spate
of
bank
robberies.
Since November 8 there have been three major robberies that have been reported. Abu Ali and Abu Ismail are Pakistan nationals while Arif Dar is a local. Ali and Dar would enter the banks and carry out the robbery while Ismail would wait outside to provide cover.
Police officials in J&K say that an analysis of the CCTV footage showed that it was the same module comprising three persons which carried out these robberies. According to Rayees Mohammad, the Superintendent of Police, Pulwama, it is the module of the Lashkar-e-Tayiba which has carried out these bank robberies.
Three such incidents have been reported since November 8. The first robbery was on November 21, 13 days after the decision on demonetisation was made. The second was reported on December 8 and third on Thursday.
-
On
December
8,
militants
robbed
the
Jammu
and
Kashmir
bank
at
Arihal
in
Pulwama
district.
They
fled
with
Rs
14
lakh
after
firing
several
rounds.
-
On
November
21
militants
struck
at
a
ban
in
the
Chrar-e-Sharif
area
of
Budgam
before
escaping
with
Rs
14
lakh.
-
On
Thursday,
militants
robbed
the
Jammu
and
Kashmir
Bank
at
Ratnipora
in
Pulwama
before
fleeing
with
Rs
10
lakh.
OneIndia News