Srinagar, Dec 03: Srinagar, December 3: The State Investigating Agency (SIA) on Saturday conducted searches at multiple locations in Kashmir and claimed to have recovered cash worth INR 29.00 lacs during the raids, officials said.
According to a police spokesman, SIA Kashmir conducted searches on Saturday in Kupwara, Baramulla, Bandipora, Srinagar, and Budgam districts.
“During the searches, huge cash of INR 29.00 lacs was recovered and seized
along with Passbooks, cheque books & digital devices like mobile phones and
other articles having bearing on the investigation,” he said.
The spokesman said analysis of the data would follow and leads that would emerge would become the basis for further investigation.
“It is pertinent to mention here that the searches are aimed at dismantling
the terror ecosystem in the valley by identifying over ground workers supporting and abetting terrorism,” he said.
As per spokesman, the searched were conducted compliance to search warrant obtained from the Court of Special Judge, Designated under NIA Act (TADA/POTA) Srinagar.
In this connection investigation of case FIR No. 20/2022 u/s 13, 17, 18, 39, 40 UA (P) Act, 120-B IPC registered in Police Station CIK (SIA) Kashmir.
As per Police, the case pertains to members of proscribed terrorist organization (Al-Badar) based in Pakistan who with active support and connivance of Pakistani agencies.
“Under a well-knit criminal conspiracy with some identified person(s)/OGW(s) of proscribed terrorist organization(s) in the valley are raising funds for furtherance of militant activities in UT of J&K.”
The money so raised is passed on/transferred through financial markets or through unregulated channels through cash couriers.
” In furtherance to this nexus, the network so created have successfully infringed upon various persons of varied back ground either with or without their knowledge to act as cash couriers.
As a part of this conspiracy, terror funding module have created many sleeper cells/OGW(s) in different parts of Kashmir valley who are facilitating passing on money to various
terrorist organization (s) in UT of J&K, through banks/unregulated channels/ cash couriers.
” The money so received by terrorist organization (s) in UT of J&K is not
only used for furthering of unlawful activities but is also given to OGW(s) to motivate youth to join terrorist ranks and sustaining of terror ecosystem with an ulterior goal of
secession of the UT of J&K from Union of India,” the spokesman said.
