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BSF unearths fake currency racket

The Border Security Force Monday unearthed another fake currency racket spearheaded by the Pakistan based militant outfit Lashkar-e-Tayiba and arrested five persons in this connection, PTI reported.

The seizure follows a racket busted last week by the BSF, which also recovered a huge amount of fake currency notes and printing equipment from various parts of the valley, BSF deputy inspector general R P Singh told reporters in Srinagar.

Eleven persons have been held in connection with the fake currency racket, he said.

Singh said interrogation of those arrested "proved beyond doubt" that the Pakistan-based militants were directly co-ordinating groups of fake currency racketeers active in the border state and other parts of the country.

A report from somewhere on the line of actual control said that Pakistan's Inter-Services Intelligence was pumping in millions it gets from the clandestine narcotics trade for spreading terrorism in Jammu and Kashmir.

It is a larger part of Pakistan's design and the ISI to spread terrorism in the valley, senior officials posted in the valley and along the line of control told a visiting UNI correspondent on condition of anonymity.

Narco-money is just one source of the terrorist outfits.

On where the money was used exactly, a senior official said it was for paying militants and for procuring sophisticated arms and ammunition. The money is also used to pay local carriers, guides and couriers.

Agencies

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