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'ISI officer the brain behind fake currency'

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Dance

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India’s security establishment never had any doubts about Pakistan’s Inter-Services Intelligence (ISI) producing and pumping fake currency notes into the country. Now they have put a firm number to the extent of the problem.

Last year, the ISI pushed in fake currency notes of the face value of Rs 1,600 crore into the country in an effort to fund its terror activities and destabilise the Indian monetary system. :rofl:

Sources said an ISI officer, Aslam Chaudhary, was understood to be the main person within the ISI, handling the printing of fake currency notes.
Security agencies estimate that the ISI spent just about Rs 29 to print a Rs 1,000 note as compared to Rs 39 that it costs the India’s federal bank.

Investigators, who have been able to track back the origin of the fake notes, say these are remarkably similar to the genuine notes.

The National Investigation Agency (NIA) has been able to link the fake notes seized in India in the past to Pakistani security presses by comparing the chemicals of genuine Pakistani notes and fake currency seized in India.

It is in recognition of extent of the damage to the monetary stability that the government has decided to amend the anti-terror law, Unlawful Activities Prevention Act, to count production, smuggling or circulation of high quality counterfeit Indian currency as a terrorist offence.

Once enacted, this will mean people convicted of circulating counterfeit currency can be sentenced to life imprisonment. It will also empower investigators to attach properties of the smugglers even before their conviction

'ISI officer the brain behind fake currency' - Hindustan Times
 
Right.. next thing you know some girl who got pregnant will also blame the ISI.
Aslam Chaudhry.. wow... how generic can you get.
 
the main person within the ISI, handling the printing of fake currency notes.

Wow the ISI even has a division for "destabilizing the Indian monetary system"

:lol:

According the hindustan times, this is their plan:

14-01-pg10c.jpg
 
The question is if Indian authorities can do anything more than accusation ?

The answer lies there.
 
Heres another gem:

ISI exploits UP polls to pour in fakes via Nepal

While political parties are readying to slug it out in the crucial Uttar Pradesh Assembly elections, the country’s intelligence and security agencies too are feeling the heat. They have got specific information that operatives in Nepal backed by Pakistan’s Inter-Services Intelligence Agency are viewing the UP polls as an opportunity to pump in large amounts of fake Indian currency notes into this country.
The intelligence agencies have identified an ISI officer, Aslam Chaudhary, who is said to be the mastermind behind the fake currency racket being operated from Karachi. It is said the ISI is spending `39 to print each high-quality `1,000 note.
The alert sounded within the Indian security establishment is at an all-time high following the busting of an international racket in smuggling counterfeit currency by the National Investigation Agency. Ongoing investigations by Central agencies led to the recovery of `2.26 crores from New Delhi on Thursday.
This is said to be one of the biggest fake currency seizures in recent times. This consignment also came via Nepal.
What is causing concern to investigators is that another consignment is also said to have entered the national capital, which is now missing.
The possibility of the money being routed to Uttar Pradesh is not being ruled out.

ISI exploits UP polls to pour in fakes via Nepal | The Asian Age
 
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