Seized fake currency of poor quality, says NIA

NEW DELHI: The National Investigation Agency, which is probing several circumstances relating to move of pretend Indian foreign money notes (FICN), has no longer invoked the Unlawful Activities (Prevention) Act in a single FICN case registered post-demonetisation as none of the counterfeit foreign money seized by means of it used to be certified as “top of the range” by means of forensic mavens.

Also, investigation into FICN circumstances by means of NIA sleuths has been unable to track any Pakistani origins of the brand new faux Indian foreign money notes, as used to be the case prior to demonetisation. “It turns out the faux foreign money is printed in Bangladesh earlier than it is sent in consignments to India by the use of Malda and Murshidabad in West Bengal thru human couriers. It is then forwarded to move networks in Bengaluru, Rajkot and Chennai, and so on,” said a senior officer.

NIA is the nodal company for investigating FICN circumstances. In the two years following demonetisation, NIA has taken over/registered greater than a dozen such circumstances. However, assets told TOI that the typical face-value of pretend foreign money recovered in those circumstances used to be much lower than the determine prior to demonetisation.


A have a look at FICN circumstances probed by means of NIA after November 2016, as indexed on its website online, unearths that the best possible restoration of “revealed” faux foreign money notes used to be of face cost Rs 10 lakh in Visakhapatnam. As for seizures in Rajkot in early 2017, totalling Rs 4.92 crore, the faux notes were not even “revealed” but merely churned out of colour photocopiers.


Significantly, the probe into FICN circumstances registered by means of NIA after November 8, 2016 has no longer been able to seek out any Pakistan hyperlink to this point. Before demonetisation, the FICN circulating in India used to be most commonly revealed in Pakistan-based presses, with due facilitation by means of the ISI.


Sources said that forensic examination of the FICN seized post-demonetisation — a pre-requisite for NIA to invoke provisions of the Unlawful Activities (Prevention) Act — had no longer discovered replication of distinguished security measures for the notes to be certified as “top of the range counterfeits”. This is why NIA has best carried out provisions of the Indian Penal Code (Section 489B and 489C) to FICN circumstances registered after demonetisation. Offences under Section 489B and 489C of IPC are part of the scheduled offences indexed under NIA Act.


While no top of the range faux Indian foreign money notes have been seized post-demonetisation, even the low-quality notes being revealed in international locations like Bangladesh are visibly just right enough to confuse the normal eye. “This permits the FICN networks to put them into move,” said an investigator.
Seized fake currency of poor quality, says NIA Seized fake currency of poor quality, says NIA Reviewed by kailash soni on November 11, 2018 Rating: 5
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