4 days ago
NIA chargesheets 4 in Pak and Nepal linked fake currencies case
New Delhi, Aug 12 (UNI) The National Investigation Agency (NIA) has charge-sheeted four accused in the 2024 Champaran (Bihar) fake currency seizure case involving a syndicate with linkages in Pakistan and Nepal.
The NIA today filed a supplementary chargesheet against the four arrested accused, Md. Nazar Saddam, Md. Waris, Md. Zakir Hushain, and Muzaffar Ahmad Wani alias Sarfaraz, under relevant sections of UA(P) Act before its Special Court in Patna. The accused had earlier been charge-sheeted in the case by the local police in October 2024.
The NIA found evidence to show that the accused were involved in smuggling high-quality Fake Indian Currency Notes (FICN) from Nepal into India with the intent to damage the country's financial stability. They had been procuring the FICN from Pakistan based entities through Nepali handlers against crypto currency payment.
The NIA investigation further showed that Md. Nazar Saddam was actively involved, along with Md. Waris and Md. Zakir Hushain, in smuggling FICN from Nepal to India.
Muzaffar Ahmad Wani alias Sarfaraz was providing funds and logistic support for procurement and circulation of the notes in India.
The case relates to seizure of FICN of face value Rs 1,95,000. The NIA, which took over the case in December 2024, had produced the accused in the court in January this year.
Efforts are on to identify further linkages of the syndicate. UNI ATK SSP
