news details |
|
|
California almonds as a mode to earn profits, fund terrorists in Kashmir | Suspension of cross-LoC trade | | Early Times Report jammu, July 6: Indian agencies have unearthed the fact that California almonds, known worldwide for their high nutritional value, "are being used by Pakistan militants to smuggle them into India through the border check posts in Kashmir to use as a mode to earn profits which are then funneled to terrorists and separatists in Jammu & Kashmir". The almonds produced in California in the United States have been regularly finding their way through the Line of Control (LoC) check post trade involving a large transport network. "The modus operandi of the Pakistani traders is to under-invoice products like California almonds. After receiving the consignment, traders on the Indian side sell California almonds at the prevailing market price and make humongous profits due to the under-invoicing, a security official said," a report has said, and added that "the extra money generated is handed over by the traders to terrorists, separatists or anti-national elements in the Kashmir valley to fuel anti-India activities". According to reports, "It has also come to the notice of security agencies that a significant number of trading concerns engaged in cross-Line of Control (LoC) trade are being operated by persons closely associated with banned terrorist organizations, especially the Hizbul Mujahideen; some Indian nationals who have crossed over to Pakistan and joined militant organizations have opened trading firms in the neighboring country". The result has been that "many Pak-based trading firms under the control of militant organizations are trading with firms operated by their relatives in the Indian side". India on April 18, 2019 had indefinitely suspended cross-LoC trade at two points along the Line of Control following reports that it was being "misused" by elements from across the border to smuggle weapons, narcotics, and fake currency. "In the light of such large-scale misuse and loopholes being exploited for illegal and anti-national activities, Government of India has been compelled to suspend the LoC trade from Friday," the the concerned official had said while explaining how the trading of almonds from California was misused. "Pakistan's spy agency the Inter-Services Intelligence (ISI) and their militant outfits identify a suitable Pakistani trader firm and hand over the money that is to be transferred to the anti-national elements and terrorist organizations on the Indian side," an Indian intelligence official was quoted as saying. "In this trade, fake Indian currency notes were also transported by the ISI to India. Consignments of fake Indian currency notes have also been seized in the range of Rs.57 lakhs, Rs.20 lakhs, Rs.15 lakhs, and Rs.7.5 lakh and over a dozen people arrested," a report has said. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STOCK UPDATE |
|
|
|
BSE
Sensex |
|
NSE
Nifty |
|
|
|
CRICKET UPDATE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|