Notes printed at foreign mint: ATS | mumbai | Hindustan Times
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Notes printed at foreign mint: ATS

The alleged fake Indian currency notes (FICN), seized by the state Anti-Terrorist Squad (ATS) from three suspected Indian Mujahideen operatives arrested after the July 13 blasts in the city have been printed in the official currency printing press of a sovereign country. Kanchan Chaudhari reports.

mumbai Updated: Nov 25, 2011 00:51 IST
Kanchan Chaudhari

The alleged fake Indian currency notes (FICN), seized by the state Anti-Terrorist Squad (ATS) from three suspected Indian Mujahideen operatives arrested after the July 13 blasts in the city have been printed in the official currency printing press of a sovereign country.

The ATS revealed this in the charge sheet filed against the trio – Haroon Rashid Abdul Hamid Naik, Asrar Ahmed Abdul Hamid Taylor and Azhar-Ul Islam Mohammed Ibrahim Sidhhiqui, on November 16, 2011.

“The preliminary analysis reveals that many covert features of genuine Indian currency were successfully imitated,” stated the charge sheet. “These features can only be achieved using sophisticated machinery, which is sold only to sovereign governments,” the chargesheet noted.

The charge sheet adds that ordinary criminals cannot acquire the highly sophisticated machinery that appears to have been used. “The perfection of window and watermarks formation indicates that the FICN paper was manufactured on regular currency-making machines, which can only be owned by a country/state,” it said. “This means some foreign country is involved in this act (of circulating fake currency in Indian markets,” the charge sheet further stated.

The ATS has found that the nature of the fake currency seized in the past is similar to that found with the trio, and has concluded that a wide network is operating in the circulation of FICN.

The charge sheet pointed out that the FICN seized from the trio was being used to fund terrorism and antinational activities in the country. “The involvement of present accused in circulation of such high quality FICN is a clear case of providing funds directly or indirectly to commit terrorist act,” the ATS had said in the charge sheet, which also details how two of the arrested accused travelled to Pakistan and Bangladesh, and received training in terrorist operations.

The ATS has booked the trio under various provisions of the Indian Penal Code for circulation of the fake currency, along with provisions of the Unlawful Activities (Prevention) Act, 1967. The trial is likely to start soon.