Monday, December 21, 2009

75 arrested with Rs 1.30 cr hawala money in JK

Jammu, Dec 21 (PTI) Police and security forces have busted several hawala rackets, arresting 75 persons and recovering nearly Rs 1.30 crore in Jammu and Kashmir in past three years, a senior officer said.

Giving further details, the officer told PTI that Rs 1,29,45,850; 2,00,000 Riyal; 2,000 UK Pounds and Rs 2,100 Pakistani currency were recovered from 75 persons connected with Hawala rackets in Jammu and Kashmir during past 3 years.

The Hawala money is used in Jammu and Kashmir to finance militancy in the state, officer said.

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