Chinese link established in fake Indian currency case, worry looms

[calmDown@all]

KOCHI: In a worrying development for the country’s security establishment, a Fake Indian Currency Notes (FICN) case with a Chinese connection has been established by investigation agencies for the first time in Kerala.

The National Investigation Agency (NIA) which interrogated the accused in the counterfeits seizure from Dharmadam, Kannur, recently found that FICN was sourced by a Pakistani national residing in China.

The inflow of counterfeits have increased double fold in the past few years as seizure of notes having face value of Rs 34.55 lakh were recovered in 2015 compared to Rs 7.51 lakh in 2014. In the first three months of 2016, there were 11 FICN seizure cases were registered in the state. NIA is currently probing eight fake currency seizure cases reported in Kerala. NIA has unravelled ISI and D-company link in some of the cases here earlier.

However, this is the first time a FICN case with Chinese connection is unearthed in Kerala though counterfeit cases involving the Middle Kingdom have been reported in other parts of the country dating back to 2009.

According to NIA officials, M K Fainaz of Saidarpally near Thalassery, C Rasaq of Chettamkunnu and his brother-in-law Rasheed were arrested in the last week of May.

One of the accused was attempting to exchange the fake note after recharging the mobile phone. In the investigation, fake currencies having face value of Rs 28,000 were recovered. NIA officials interrogated the accused and found that main supplier of the fake currency was a Pakistani citizen residing in China.

“In this case, the main supplier of the fake currency was a Pakistan national who married a Chinese citizen and residing at the bordering province of China. The fake currency came to India through Bangladesh border. The accused persons procured the fake notes by paying Rs 60,000. The fake notes had a value of Rs 1 lakh. Further investigation is required to unveil the entire nexus,” NIA officials said.

However, NIA officials are reluctant to take over the probe. Since the seized currencies were below one lakh, the scope of evoking Unlawful Activities Prevention Act (UAPA) in the case is limited. If the UAPA is not evoked, the NIA would not get accused in their custody for detailed interrogation after taking over probe. NIA will have to interrogate accused at jail with the permission of the court. “There are some technical issues over taking over the case. The final decision in this regard will be taken soon,” NIA official said.

NIA is also monitoring two other fake currency seizure cases reported at Attingal and Chalakkudy. “Recently, there are several cases in which fake notes in mass number seized at different parts of the state. We had communicated with the former police chief of Kerala about taking over the probe. Since the new state police chief took charge, the decision will be taken by him,” NIA official said.http://www.newindianexpress.com/cit...ase-worry-looms/2016/06/23/article3495593.ece

 

[[Bregs]]

if this news true then its cause of worry and dangerous precedent