Daijiworld Media Network - Mangaluru (SP)
Mangaluru, Oct 14: Enforcement Directorate (ED) said in a release from New Delhi that it has impounded property worth over five lac rupees in Karnataka. This action was taken based on allegations of financing operations of terrorist organization, Indian Mujahideen (IM) by the accused.
ED said that the properties concerned were taken into possession during raids near the city based on allegation of illegal money trafficking. The agency said that one Dheeraj Sao used to get funds through his bank accounts from various parts of the country. Sao used to retain a part of these funds by way of his commission for facilitating funds transfer, and remit the balance amount to various persons including Zubair Hussain, Ayesha Banu, Raju Khan and others, who allegedly are operatives of IM.
The officials said that after developing suspicion about the transactions in his account, they began to monitor funds flow through Sao's accounts. They said that the properties impounded include a residential property bought by Banu and Hussain at Panjimogaru in the city out of the money remitted through Sao's accounts.
"The persons named above are found to be in constant contact with a Pakistani citizen, Khalid. Under instructions from Khalid, accounts were opened in several banks, which were then used to remit money to terrorists and the concerned got commission for these transactions. People who remitted amounts to these account by way of cash remained largely unidentified. Immediately after funds were credited, the concerned used to withdraw m through ATMs that were not attached to the branches where the accounts were maintained," ED officials stated.