Crores of terror fund seized in last 5 years

The government has seized more than Rs 5.6 crore in cases related to funding of terrorist activities since 2006, the Lok Sabha was informed Tuesday.

New Delhi: The government has seized more than Rs 5.6 crore in cases related to funding of terrorist activities since 2006, the Lok Sabha was informed Tuesday.

"Since 2006 and as on March 31, 2011, 148 FIRs have been
registered and in 56 cases charge sheets have been filed. Five
persons have been convicted by the competent courts. As on
March 31, 2011, cumulatively Rs 5,61,10,492 has been
seized/attached/frozen," Minister of State for Home Jitendra
Singh told Lok Sabha in a written reply.

Singh was replying to a question whether there were inputs regarding instances of terror funding in the country and what action was taken by the government in this regard.
To deal with such cases, the government has constituted a
separate cell -- Cell for Combating of Funding of Terrorism --
in the Ministry of Home Affairs, he said.

Singh added that the Ministry of Home Affairs also
constituted a Terror Funding and Fake Currency Cell in the
National Investigation Agency last year to focus on terror funding and fake currency cases.
Replying to a separate question, Singh said that a
multi-disciplinary school of economic intelligence will be set
up to develop various faculties in economic intelligence.

"A decision has been taken at the Economic Intelligence
Council meeting held on January 18, 2010 under the
chairmanship of Finance Minister to set up multi-disciplinary
school of economic intelligence to develop capacity building
in the area of economic intelligence," he said.

PTI

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