Assam | NIA nabs kingpin of fake currency network from Guwahati | News | Nelive

Assam | NIA nabs kingpin of fake currency network from Guwahati

Oct 19, 2018 21:03
Assam, NIA, Fake Currency, Guwahati

A National Investigation Agency team from Hyderabad arrested the main accused involved in fake currency network from Guwahati.

Mohammad Akbar Ali carried a bounty of Rs. 25,000 on his head. He has been caught in a case related to the seizure of high quality Fake Indian Currency Notes worth Rs. 5,01,500 which were seized from the possession of one Saddam Hossain in September 2015 at Visakhapatnam.

During the investigation, it was revealed that Hossain had travelled to Malda (Bengal) from Bengaluru on the instructions of Amirul Hoque and collected high quality Fake Indian Currency Notes from Roustam on four occasions in 2015. He was part of a larger group of persons involved in smuggling high quality Fake Indian Currency Notes from across the international borders and circulating it in Bengaluru.

Investigation revealed that Akbar Ali had come to Bengaluru from Assam in 2007 and was working in a florist shop. He was introduced into the Fake Indian Currency Notes business by his uncle, Hakim.

Ali, who was booked on two counts, was absconding for many years, during which he was instrumental in forming a gang at Bengaluru which was involved in trafficking and circulating fake currency.

The National Investigation Agency revealed that Ali was part of a larger conspiracy along with other accused persons mostly based in Malda, Bengal in smuggling high quality Fake Indian Currency Notes from across the international border with an intention to threaten the monetary stability of India. The proceeds from circulation of Fake Indian Currency Notes were deposited into the bank accounts of accused persons and their associates based at Malda.

During investigation, names of other members of the inter-state gang and their associates from Malda and Bengaluru also came to light and investigation against them is underway.

Ali was produced in the Chief Judicial Magistrate Court Kamrup on Thursday for obtaining transit remand, following which he was scheduled to be taken to Vijayawada and produced before a special National Investigation Agency Court.

The National Investigation Agency’s Hyderabad division filed charge sheets against Saddam Hossain and Amirul Hoque in 2016, and against Roustam and Hakim in July this year.

Source: TNT - The Northeast Today (ANI)

Oct 19, 2018 21:03

WhatsApp, NorhEast Iindia, Breaking News, News, Assam, Manipur, Politics, Crime, Travel, Lifestyle, NorhEast, NorhEasters

Subscribe to NorthEast India Breaking News Alert by sending Start to 9958459882 via WhatsApp

About Author

See also

Bijoya Dashami, Dussehra
Guwahati Staff Curator
Assam Governor Jagdish Mukhi on Friday greeted the people...
Lalengzama Vangchhia, Mizoram, Bengaluru FC B Squad, Jammu and Kashmir Invitational Cup, Governor’s Gold Cup, Sikkim
Aizawl Staff Curator
Midfielder Lalengzama Vangchhia has been named the skipper...
Sikkim, UN Award, World’s First, Organic State
Gangtok Staff Curator
‘Small but beautiful’, Sikkim has set an example for the...
Assam Rifles, Gold Bars, Smuggling, Mizoram
Aizawl Staff Curator
A joint operation conducted by Aizawl Battalion of 23...
Bomb, Explosion, Blast, Manipur,Chief Minister, N Biren Singh
Imphal Staff Curator
Unidentified miscreants triggered a powerful blast at a...