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news details
Terror groups run short of money, target banks!
3/18/2021 12:15:53 AM
Early Times Report

Srinagar, Mar 17: While the abrogation of the special status of Jammu and Kashmir has made the terror-groups starve for finances, such forces are now targeting the banks and ATMs in the valley.
Sources said the security agencies have inputs that the terror groups are running short of money as the crackdown on the anti-national forces in the wake of abrogation of the special status on August 5, 2019 has broken their back.
Sources said the shortage of money with terrorists is being seen as a cause of recent attacks on financial institutions in Kashmir and loot of more than rupees one million.
In the last less than a month, at least two incidents of “loot” of public money have taken place in Kashmir.
On March 12, unknown pistol-borne person “looted” a branch of Grameen Bank Branch in Ogmuna, Kunzer Tangmarg area of north-Kashmir’s Baramulla district, even as the district police chief termed the matter ‘fishy’.
Reports said that a gunman who shot a few bullets in the air looted the bank branch and decamped with around two lakh rupees in cash.
Last month on February 21, unknown persons decamped with around Rs 9,91,900 cash from an SBI ATM in Budshah Nagar locality of Natipora in Srinagar city.
The unidentified persons broke into the ATM and decamped with the cash.
Sources said the police are probing that if both the incidents aimed at “raising money” for terror groups.
“One thing is clear that the back of terrorists has been broken, more so in the last around two years, so desperate attempts to loot of financial institutions being done to benefit them(terror groups) cannot be ruled out,” said a senior official.
He said the police was probing such cases from “all angles especially the terror links, if any were being scrutinized.”
He said the security was being further beefed up to foil any such nefarious designs.
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