NIA says it seized Rs 36 crore in old notes in Kashmir as govt claims demonetisation throttled terror funding

New Delhi: The National Investigation Agency (NIA) on Tuesday claimed it had seized nearly Rs 36.5 crore in demonetised notes during its probe into the Kashmir terror funding case.

Representational image. AFP

Representational image. AFP

"We have seized demonetised currency of face value Rs 36,34,78,500 and arrested nine persons in this connection in the Jammu and Kashmir terror funding case," the NIA said.

However, details of the seizure were not known immediately or whether the arrests included separatist leaders and Kashmiri businessmen who are in Tihar Jail on charges of terror funding.

The claim came amid opposition claims that the 8 November, 2016 decision to spike 1,000 and 500 rupee notes (almost 86 percent of the currency in circulation) had made no significant impact on curbing terrorism and its financing from across the border.


Updated Date: Nov 07, 2017 19:23 PM

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