Intelligence report on 41 possible terror fundings: minister

New Delhi: As many as 41 Suspicion Transaction Reports (STRs) that could possibly be related to terrorist financing were disseminated by FIU-IND to different agencies in the nine months through December 2012, the Rajya Sabha was informed today.

The number of STRs disseminated by Financial Intelligence Unit-India (FIU-IND) to relevant agencies was 253 in 2011-12 and 259 in the previous year, Minister of State for Finance SS Planimanickam said in a written reply.

Money trail. AFP

Money trail. AFP

He further said that STR being only a suspicion, "whether it indicates a case of actual terror financing transaction and the amount involved therein cannot be ascertained at the stage of a STR".

FIU-IND is the central, national agency responsible for receiving, processing, analysing and disseminating information relating to suspect financial transactions to enforcement agencies and foreign FIUs.

Meanwhile, replying to a query, Minister of State for Finance Namo Narain Meena informed the House that public sector banks reported 2,543 cases of fraud involving Rs 6,573.91 crore during April-December, 2012.

The banks had reported 3,392 fraud cases in 2011-12 involving about Rs 4,025.32 crore, and 3,718 incidents involving about Rs 2,569 crore in the previous fiscal.

In another reply, Meena informed that public sector banks have reported 1,138 accounts of willful defaulters (non-suit filed accounts). These accounts involve Rs 4,174.7 crore, including Rs 3,491.58 crore in State Bank Group.

RBI collects on quarterly basis, the information on Wilful Defaulters of Rs 25 lakh and above from banks. Also, the credit information companies are maintaining a database of suit filed accounts, including willful defaulters with Rs 25 lakh and above.

PTI


Updated Date: Dec 20, 2014 16:42 PM

Also Watch

It's A Wrap: Omerta star Rajkummar Rao in conversation with Parul Sharma
  • Thursday, April 26, 2018 In the Kanjarbhat community, a campaign against 'virginity tests' is slowly gaining ground
  • Thursday, April 19, 2018 Watch: National-level skater and coach Dhwanit Rele trains and nurtures budding athletes
  • Monday, May 14, 2018 FOMO Episode 1: Google Assistant, This is America, Sonam's wedding & Global Warming
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls