Funding Case: ED Takes Possession Of Seven Properties In Kashmir

Srinagar, Nov 19:  Under the Prevention of Money Laundering Act, the ED had issued orders for provisional attachment of 13 assets belonging to accused Mohammad Shafi Shah and six other HuM militants. 

The action was taken on the basis of a chargesheet filed by the National Investigation Agency against them.

The report said that according to the two agencies, the HuM had been raising money through the Jammu & Kashmir Affectees Relief Trust, in conspiracy with Pakistan-based entities, to fund militant activities in the Valley.

The ED reportedly alleges that the funds were sent to India through the hawala channel, barter trade and human carriers and also distributed among the kin of militants, dead or alive. The alleged mastermind behind the distribution of funds was identified as Mohammad Shafi Shah. He along with other accused persons, Talib Lali, Muzaffar Ahmad Dar and Mushtaq Ahmad Lone, is lodged in Tihar Jail.

 

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