Mangaluru: Financing of IM operations - Rs 5 lac worth property impounded in city

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.


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Comment on this article

  • C.T. Thomas, Nandalike

    Sat, Oct 14 2017

    Yesterday there was a faction that was protesting saying that they are being 'targetted' .
    I hope they have read this news , introspected and have all their questions answered.

    DisAgree [3] Agree [11] Reply Report Abuse

  • BDS, Udupi

    Sat, Oct 14 2017

    Enough to blow / kill / spread hatred in the communities. Very dangerous people with communal minded.

    DisAgree [4] Agree [12] Reply Report Abuse

  • Sachin Shetty, Mangalore

    Sat, Oct 14 2017

    And they say that they are targeted...

    DisAgree [8] Agree [30] Reply Report Abuse

  • Ahmed K. C., Mangalore

    Sat, Oct 14 2017

    This clearly looks like Hawala business for money laundering.

    DisAgree [5] Agree [18] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, Oct 14 2017

    With Rs. 5 Lacks you cannot even get One Room Kitchen ...

    DisAgree [21] Agree [37] Reply Report Abuse

  • Alwyn, Kudla

    Sat, Oct 14 2017

    Money used for terrorism is not a good stuff and has to be dealt with iron hands. Whole world is suffering today for one thing which is religion based terrorism. Many say we are targeted by this govt or that govt. Bottom line is terrorist are targeting innocent lives how many people stand up in those community but whole community stand up for Evan no reason and make viticms of entire country just bcze religion is most important to them than humans.

    I have nothing against any religion but when people one sided and for get the human lives and kill in the name of god that is danger and London to America people die in the hands of such devils. Whether is one crore or one rupee it has to be stopped. They whole little and expands and whole country belongs to terrorist and start war and killing. Every corner of this earth such devil exist and created mess. Evan open the shelter when they come as refugees and all of sudden they attack you and whole surrounding belongs to them and you are homeless in your own house. Sorry man that is the reality. Hope people start protesting for betterment of society rather silly stuff to embarrassing good people .

    DisAgree [1] Agree [7] Reply Report Abuse

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