New Delhi: Private player IndusInd Bank today said it had followed all regulatory guidelines while handing over cash to the Pakistani-American Lashkar-e-Taiba (LeT) operative David Headley.
"As per the regulatory guidelines in force, cash was handed over to David Headley after completing due diligence", the bank said in a statement.
The IndusInd Bank was responding to media reports which said that all payments to Headley were made through the bank's Nariman Point, Mumbai, branch.
Headley, who is involved in the 2008 Mumbai terror attacks and has become an approver, has made several revelations in his deposition via conferencing before a Mumbai court. IndusInd Bank said it "has not opened any account in the name of David Headley, and has not handled any other business for him".
In 2006, under a money transfer arrangement approved by regulators, the Bank handled a few inward remittances under the Money Transfer Service Scheme (MTSS), in the normal course of business, in October-November, it said.
Further, IndusInd Bank said it had obtained the required documents, including a copy of Headley's passport, issued by the US authorities, valid from March 2006 to March 2016. There were investigations by national agencies between 2009 and 2011 and the KYC documents were produced before them, the bank said.
Headley, who is currently serving 35-year prison sentence in the US for his role in the terror attacks, has said he had changed his name from Dawood Gilani to David Headley in 2006 so that he could enter India and set up some business.
Published Date: Feb 11, 2016 18:54 PM | Updated Date: Feb 11, 2016 18:54 PM