December 2007 News

Fake currency racket run by ex-MLC busted

25 December 2007
The Daily Excelsior
Sanjeev Pargal

Jammu: A fake currency racket, being operated from across Line of Control (LoC) for funding militancy in the State and headed by a former legislator, has been cracked by the Intelligence agencies with the arrest of former MLCís son and recovery of fake currency worth Rs 45,000 from him. Intelligence sleuths have launched a hunt for former MLC of Kupwara, Mohd Abdullah Bhat and his two Anantnag based associates, who were in possession of fake currency worth lakhs, which had been supplied to them from other side of the border for funding militancy, official sources said. The fake currency network being used mainly to finance Hizbul Mujahideenís network-both over ground and underground-has been unearthed by CID (Counter Intelligence), Jammu and Army Intelligence (9 CISU). On a specific information, a joint team of both Intelligence agencies raided a hide- out of Mohd Abdullah Bhat, a former MLC hailing from Kupwara, at Thathar near Bantalab under the jurisdiction of Domana police station and apprehended Hillal Ahmed son of MLC Mohd Abdullah Bhat. From his possession, the Intelligence sleuths recovered Rs 45,000 (45 notes in the denomination of 1000). The currency, on verification, turned out to be fake. Soon after the arrest of Hillal Ahmed, police raided his house in Kupwara but by that time, his father had managed to get a report of his sonís arrest and gone underground. Sources said Intelligence agencies also raided the houses of two brothers-Rafiq Ahmed and Bashir Ahmed in Anantnag-who were associates of former legislator but they too had gone into hiding. Suspected hide-outs of Abdullah Bhat and his associates within and outside the State were being raided by the two Intelligence agencies to apprehend them as their arrest would not only lead to recovery of a large quantity of fake currency but also give more leads about their network, they added. Hillal Ahmed was reported to have disclosed during his interrogation by the two agencies that he and his father, who still had good political connections, used to frequently shift from Kashmir to Jammu along with fake currency. The father-son duo used to distribute fake currency mainly to Hizbul Mujahideen outfit in both regions. They were supplied fake currency by the two brothers-Rafiq Ahmed and Bashir Ahmed, sources said. The racket was in operation for last more than five years and so far, sources added, fake currency worth several lakhs had been supplied to the militant outfit to fund militancy. According to sources, the accused had links across the border from where they used to receive instruction of collecting fake currency and supplying the same among militant outfits. A case against the accused has been registered at CID (CI) police station for further investigations. Sources said Hillal Ahmed has admitted that his father has several times exploited his political links to dodge police to supply fake currency to militants and other persons.

 

Return to the Archives 2007 Index Page

Return to Home Page