Categories: World

Bangladesh police exposes Pakistan’s fake currency racket targeting India

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Bangladesh security forces have unearthed a major sophisticated counterfeit Indian currency smuggling racket running out of the capital Dhaka. Based on specific intelligence, a special team of the Dhaka Metropolitan Police arrested two persons and recovered the fake Indian currency worth Rs7.35 crore. According to the Dhaka police, these fake currency notes,  manufactured in Pakistan, were concealed in marble containers that arrived at Chittagong port from Sri Lanka.</p>
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According to Dhaka Tribune, on November 23, after getting a tip off, the Dhaka Police arrested Fatema Akhter and recovered Rs. 50,000 in counterfeit Indian currency from her possession. On the basis of her statement, the police team conducted another drive at her Panditpara residence under Dakkhin Khan police station in Dhaka  and recovered Rs73,450,000 in fake currency in more than 100 sacks which were concealed in an underground tank in the house.</p>
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<a href="https://www.dhakatribune.com/bangladesh/crime/2021/11/27/two-arrested-with-huge-amount-of-fake-indian-currency">Two arrested with huge amount of fake Indian currency</a></p>
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A video clip of the Dhaka Police taking out the money sacks was shared on social media.</p>
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<strong>Watch Video :</strong> Bangladesh Police recover over 7 crore fake Indian currency manufactured in Pakistan</p>
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<a href="https://twitter.com/hashtag/BreakingNews?src=hash&ref_src=twsrc%5Etfw">#BreakingNews</a> Dhaka Police recover over 7 crore fake Indian currency manufactured in Pakistan<a href="https://twitter.com/hashtag/Video?src=hash&ref_src=twsrc%5Etfw">#Video</a> <a href="https://twitter.com/bd_police?ref_src=twsrc%5Etfw">@bd_police</a> <a href="https://twitter.com/hashtag/Pakistan?src=hash&ref_src=twsrc%5Etfw">#Pakistan</a> <a href="https://t.co/4QCuLBhxL6">pic.twitter.com/4QCuLBhxL6</a></p>
— Vivek Bajpai (@vivekbajpai84) <a href="https://twitter.com/vivekbajpai84/status/1464580206778327045?ref_src=twsrc%5Etfw">November 27, 2021</a></blockquote>
<blockquote class="twitter-tweet">
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Dhaka Police recover over 7 crore fake Indian currency manufactured in Pakistan. <a href="https://t.co/WiuwZPKNw7">pic.twitter.com/WiuwZPKNw7</a></p>
— All India Radio News (@airnewsalerts) <a href="https://twitter.com/airnewsalerts/status/1464552076160212994?ref_src=twsrc%5Etfw">November 27, 2021</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><p>
The arrested accused Fatema Akhter and Abu Taleb told the police that they had smuggled the fake notes with the help of two Pakistani nationals, Sultan and Shafi from Pakistan through Sri Lanka. These two Pakistani nationals  are said to be the members of the International Fake Indian Currency Note (FICN) racket.</p>
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"The syndicate would just give a serial number of a fake note or a portion of a fake note to a second party. The consignment would be delivered to one party from another only if the serial number of the fake note matched. We are carrying out the investigation with the information available. We hope to trace the whereabouts of the absconding members of the syndicate soon," said the Dhaka Police in a statement.</p>
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Dhaka police is focused on arrest other members of the fake currency racket, sources told Dhaka Tribune, recalling how Pakistan -backed terror outfits used Bangladesh route to push fake  currency into India.</p>
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Two months ago, the Indian agency, the National Investigation Agency (NIA) registered a case over a sophisticated counterfeit Indian currency smuggling racket running out of Dhaka, laying the ground for the federal agency’s first probe in Bangladesh. According to the agency officials, the case was taken up after it was noticed that a new module was involved in the transportation of very high quality fake Indian currency notes in the denomination of ₹500 and ₹2,000.  An FIR was registered by the Dhaka Police, after five people, including two Pakistani nationals, were arrested in the Bangladeshi capital  with fake Indian currency of ₹46 lakh in September this year.</p>
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According to the Hindustan Times, India and Bangladesh have a joint task force mechanism to share real-time information on the fake currency smuggling. The NIA and Dhaka police are working together to identify the handlers and unearth the larger network. The FICN (fake Indian currency notes) produced in Pakistan are sent to Bangladesh by air/sea and then smuggled to India via the porous Bangladesh border. It seems Pakistan is trying to perfect counterfeiting the new ₹500 and ₹2,000 denomination notes to destabilize the Indian economy.</p>
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<strong>Also Read :</strong> <a href="https://www.indianarrative.com/world-news/pakistan-s-isi-drives-islamic-terrorism-in-bangladesh-with-let-as-the-spearhead-former-bangladesh-minister-130864.html">Pakistan’s ISI drives Islamic terrorism in Bangladesh with LeT as the spearhead—former Bangladesh minister</a></p>

Mrityunjoy Kumar Jha

Mrityunjoy Kumar Jha has decades of field experience in covering global terrorism, Pakistan, Afghanistan and Sri Lanka. He is also an enthusiastic wildlife photographer.

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