Kashmir terror financing: Multiple properties in JK\, Islamabad identified for attachment

Kashmir terror financing: Multiple properties in JK, Islamabad identified for attachment

Press Trust of India  |  New Delhi 

At least 10 properties of a Jammu and Kashmir-based businessman, an Islamabad house of chief and a host of immovable assets of separatists have been identified by security agencies for attachment in multiple terror financing cases, officials said Monday.

The federal probe agencies like the Enforcement Directorate, the and the will soon initiate steps for attaching them under various criminal laws by approaching the international bodies concerned, a security said.

Watali's properties include a single storyed house at Chhanpora in Srinagar, land at Trison City, Narbal in Srinagar, a single storyed house at Handwara, eight kanal land at Nagrota in Jammu and an under construction nursing home in district.

The businessman's Gurgaon house has already been attached by the ED under the PMLA.

Among the other accused whose assets have been identified include one two storyed house of Farooq Ahmad Dar alias Bitta Karate, situated at Naseem Bagh in Hazratbal tehsil, and a two storyed house of on a 2.5 kanal land at Shalteng in

A two storyed house of located at Hamza Colony, Kenihama in and a two storyed house of Bashir Ahmad Bhat alias Peer Saifullah at Chadoora, Srinagar are also on the list.

The identification of the properties was part of the continuing crackdown on terror financiers by security agencies over the few months.

Security agencies have already identified 13 people, including founder Syed Salahuddin, Hurriyat leaders and businessmen, who are allegedly providing funds to terrorists and stone pelters at the behest of spy agency

The Centre has started seizing properties belonging to terror financers in a big way.

Funds were provided to the leadership of Kashmir-based terrorist groups for misguiding, motivating and recruiting local youths to militant ranks, another said.

Operational activities of terror groups, including attacks on security forces, camps and convoys, are also being financed, the said, adding money obtained through these channels are being used by major secessionist formations, especially the Hurriyat Conference.

These funds are used for maintaining Hurriyat's top leadership and a to arouse disaffection among the people of against the Centre.

They are also being utilised to spread false information through media contacts, newspapers and

The official said these are in turn used to instigate and lure misguided youths to resort to anti-activities, violent street protests and stone pelting on security forces at encounter sites.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 25 2019. 21:05 IST