Pakistan procuring paper from London to make fake Indian notes
Posted by jagoindia on August 29, 2008
Pak procuring paper from London to make fake Indian notes
29 Aug 2008, 0041 hrs IST, Pradeep Thakur & Vishwa Mohan,TNN
NEW DELHI: With Sri Lanka, Nepal and Bangladesh proving to be active partners in probing fake Indian currency notes (FICN) related cases, India has recently traced Pakistan’s London connection in printing and circulation of counterfeit notes.
Although the role of Pakistani intelligence agency ISI in printing and circulation of FICN has never been a secret, sleuths recently found that the spy agency had, of late, impressed upon the government in Islamabad to import additional currency-standard printing paper from companies located in London to pursue its nefarious designs in India.
Referring to recent probes done in coordination with sleuths of Sri Lanka, Nepal and Bangladesh, officials pointed out that Pakistan has been procuring currency-standard printing paper in huge quantities from London-based companies — much higher than normal requirement of the country for printing its own currency — for diverting it to print FICN.
This is, however, only one aspect of Pakistan’s direct involvement in the FICN racket which is being carried out by using the network of underworld kingpin Dawood Ibrahim not only in India but also in Sri Lanka, Bangladesh and Nepal in close association with different terror outfits. The ISI has, in fact, been using state air-carrier Pakistan International Airlines (PIA) to transport counterfeit currency to its conduits in Nepal, Bangladesh and Sri Lanka, sources in investigating agencies said.
The modus operandi of the ISI was revealed by two Nepali counterfeit currency traffickers who were arrested by Thailand police in October last year. During interrogation, the accused disclosed that they were working for a prominent Nepali businessman who was the son of a former minister in King Gyanendra’s regime. “The fact that Nepali territory is being used by Pakistanis to smuggle counterfeit currency is well known. The first such expose was made when Pakistani diplomats were caught distributing FICN in Nepal,” an official said.
Recent arrests made in Sri Lanka and Bangladesh also pointed to Pakistan’s connection in the circulation of FICN.
One Naushad Alam Khan, arrested in Dhaka on April 24 with FICN worth Rs 50 lakh, had admitted his direct link with HuJI (Bangladesh) chief Mufti Abdul Hannan. It was found that both Khan and Hannan had fought for Taliban in Afghanistan.
Sri Lankan police had arrested two Pakistani nationals and a local in Colombo and seized a large amount of counterfeit Indian currency from them on July 8. It was found during the probe that both of them had arrived from Karachi.
All those arrested in neighbouring countries had also disclosed that the ISI had been using its printing facilities in Quetta, Baluchistan, to print FICN before transporting it to different countries for its onward push into India.
Besides Nepal, Bangladesh and Sri Lanka, counterfeit currency is also sent to Thailand before it finally makes its way to India using the south-east Asian network of Dawood.