Indian Establishment - Steps to check funding of Maoist operatives

[Hindustani78]

http://www.thehindu.com/news/nation...g-to-naxals/article24049551.ece?homepage=true
Steps to check funding of Maoists
NEW DELHI, May 31, 2018 21:57 IST
Updated: May 31, 2018 21:57 IST

Agencies hold meet with Home Secretary

Top police officers of six State governments, Central investigating and intelligence agencies held a meeting with the Union Home Secretary on Thursday to discuss ways to choke funding to Maoists operatives.

As decided, agencies like the Enforcement Directorate will register more money laundering cases in various affected States.

Apart from the senior functionaries of the National Investigation Agency, the ED and the Intelligence Bureau Director, police chiefs of Odisha, Telangana, Chhattisgarh, Bihar, Jharkhand and West Bengal were present at the review-cum-coordination meeting.

While the agencies gave a presentation on the action initiated against maoist operatives and the modus operandi adopted by banned outfits to extort funds and launder money, they also deliberated on further possible measures to block the fund supplies. The Enforcement Directorate has already attached properties worth crores of alleged Maoists leaders operating in the Red Corridor in the past few months.

The Directorate has decided to register more cases under the Money Laundering Act in other States, based on investigations police and other agencies.

At least four multi-agency coordination meetings have so far been held under the Union Home Ministry’s aegis.

 

[Hindustani78]

NEW DELHI, October 11, 2018 22:38 IST
Updated: October 11, 2018 22:38 IST

The Enforcement Directorate has stopped operations of 12 accounts with different banks and three current accounts of a private company pending an ongoing probe into suspected foreign exchange rule violations.

According to an ED official, searches were earlier conducted at the office premises of Direct Dialogue Initiatives India Private Limited set up in October 2016.

‘Claims are false’

In a statement released on Thursday, the NGO said that “every rupee that goes into India’s environmental work is a donation made by ecologically conscious people in the country… We strongly object to attempts of defaming India through false claims and accusations.”

It said the accusations seemed to be part of a larger design to muzzle democratic dissent in the country.

“We do not have anything to hide and are ready to provide the government authorities with financial details as required. At the same time we will reserve the right to constitutionally challenge attempts to malign our very existence as an independent environmental organisation,” said the NGO.

The ED, however, claims it found that the company had received about ₹29 crore in the form of Foreign Direct Investment since December 2016. It had been raising funds for five entities, of which “mostly all are related to that only.” Several India employees had also migrated to the company, it alleges.

The agency has sought a list of Indian donors for further investigation into source of funding for the NGO. The statement of company CEO has also been recorded by the ED under Foreign Exchange Management Act (FEMA) provisions, said the official.

The Directorate, based on the records received from the Reserve Bank of India, the Registrar of Companies and banks, suspects that the funds received via FDI were used for NGO operations allegedly in violation of rules under the FEMA.

The Centre had cancelled the Foreign Contribution (Regulation) Act licence of India in September 2015.