'Pak intelligence behind counterfeit Indian currency racket' | world | Hindustan Times
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'Pak intelligence behind counterfeit Indian currency racket'

Pakistani intelligence is involved in marketing counterfeit currency in India and Bangladesh to patronise militant groups like LeT for their cross-border operations, a media report in Dhaka claimed.

world Updated: Jan 30, 2010 14:43 IST

Pakistani intelligence is involved in marketing counterfeit currency in India and Bangladesh to patronise militant groups like LeT for their cross-border operations, a media report in Dhaka claimed on Saturday.

Quoting Bangladeshi police and intelligence agencies, the mass circulation Prothom Alo newspaper said several detained suspected members involved in such activities said a Pakistani intelligence agency patronised them and their operations were being regulated from Karachi.

"The (Bangladeshi) intelligence officials identified one 'Majumdar' as the coordinator of their operations in Bangladesh (and) a manhunt is underway to arrest him," the report said.

Dhaka Police Commissioner AKM Shahidul Haque said he suspected that a large part of the counterfeit currency was being used to patronise militant groups like Lashar-e-Toiba.

Deputy Commissioner of the detective branch of police Monirul Islam also said that through extensive interrogation of the detained members they now suspected the involvement of Pakistani intelligence.

"It is not possible to run such (Pakistan-based counterfeiting) networks for long without the help of any strong patronisation," the Alo quoted him as saying.

Another official said they last year arrested a Pakistani national with huge fake currency and he was suspected to be an agent of the Pakistani intelligence agency.