It is a very well known fact that Pakistan has been funding terrorism in India. But for long, it has remained unknown as to how exactly Pakistan manages to send money to India covertly. Even after demonetization, Pakistan has managed to continue to fund terrorists.
A special National Investigation Agency (NIA) report shows how exactly Pakistan is managing to send fund to Indian through bogus businesses. The current barrier is mainly because India allows traders to trade with buyers or sellers in Pakistan, who are in turn acting as indirect channels of the Pakistani Inter Service Intelligence (ISI).
Funding of Hizb-ul Mujahideen
For long the menace of several jihadis in the guise of common men has made the terrorists stronger. They carry out special attacks, arrange funds for terrorist bodies and do a lot more. During the investigation of how exactly the terrorist organisations get money, the National Investigation Agency (NIA) today revealed some shocking details of funding Hizb-ul Mujahideen.
Officials in the NIA told us that their focus was to investigate all those with cross border trade. As per some of their sources, many such firms were involved in funding Hizb-ul Mujahideen. There are about 300 firms who carry on such trade. Sources told us that the NIA has narrowed down on 5 firms who have been confirmed to involved in funding Hizb-ul.
How do they do it?
“These companies were engaged in Badam giri (badam barter business). They used to trade in Trade Facilitation Centers (TFCs) in Chakkan-da-Bagh and Salamabad in Jammu and Kashmir. Most of what they purchased was under invoiced. This made them earn windfall profits. These profits were used to carry out terror activites,” said an official in the NIA who did not want to be named.
As the terrorists could not send money directly to their ground workers in J&K, they used this method. They compensated the person who under invoiced the goods to the buyer in J&K. The excess gain was reportedly handed out to Hizb-ul ground workers.
How the investigation began
After the encounter of Burhan Wani, Hizb-ul has been mobilizing maximumforces to “take revenge”. They have been funding everyone participating in protests and violence in the valley post Burhan’s death in July 2016.
Through an informer last year, NIA learnt that Hizb-ul was able to route such funds through the Almond business. They registered in FIR last year under the Unlawful Activities (Prevention) Act. This trade is also in violation of “third party origin” goods which are allowed in TFCs.
This is the modus operandi of Pakistan to fund terrorists in India. They are getting into bogus trade deals with their counterparts in India. An actual trade does happen, but the Kashmiri “seller” sells the product to the Pakistanis at an exorbitantly high price. The excess profits are diverted to terrorist organisations by the seller.