Seized during Kashmir terror funding probe, 2 BMWs and Rs Rs 36,34,78,500 old currency
On Tuesday, the National Investigation Agency said that demonetised currency worth Rs 36,34,78,500 during its probe into the Kashmir terror funding case. The agency also arrested nine persons in connection with this case.
Interestingly the NIA has also seized a BMW X3, Creta SX, Ford Eco Sport and one BMC X1. During the investigation, it had emerged that persons linked to the separatists and terrorists were still in possession of a significant amount of demonetised currency which they could not deposit during the period earmarked by the government.
Surveillance was mounted on such persons. This led to unearthing of a conspiracy wherein some persons were making an attempt to convert demonetised money
The NIA team intercepted the gang members at Jai Singh Road near Connaught Place, New Delhi. They were carrying 28 cartons filled with demonetised currency notes of denomination Rs 500 and Rs 1000 in 4 luxury vehicles.
A total of 7 persons were initially apprehended and brought to NIA HQ for further questioning. The demonetised currency notes having face value equivalent to Rs 36,34,78,500 were seized.
Those arrested are, Pradeep Chauhan, Bhagwan Singh, Vinod Sreedhar Shetty, Shahnawaz Mir, Deepak Toprani, Majeed Sofi, Ejajul Hassan, Umar Dar, and Jaswinder Singh.