ISI buying demonetised notes to use in new fake currencies: Intelligence agencies


New Delhi, Jun 8 (Zee News): Indian intelligence agencies have discovered that a huge number of demonetised Rs 500 and Rs 1000 notes are being purchased by agents of Pakistan's Inter-Services Intelligence to be re-used in fake Indian currency notes that are currently legal tender.

According to Indian investigation agencies, these notes are being bought and secretly transported to Nepal from where they are smuggled to printing press in Karachi and Peshawar with the help of D-Company agents. The biggest revelation is that RBI's security wires on these demonetised notes are taken out at the printing press and then used in fake new notes of Rs 500, Rs 2000 and Rs 50. These notes are then smuggled to Dubai and Bangladesh - once again with the help of D-Company.

An intelligence report accessed by Zee News finds that the demonetised notes are being purchased from different states in India. Notes worth lakhs have been found during several raids and the ISI's interest in them was discovered when people dealing with the notes within India were questioned. They have revealed that Pakistani smugglers play a huge role in the entire fake-currency syndicate spanning from Nepal and Pakistan to Dubai and Bangladesh. They pay them for the demonetised noted once these reach Nepal.

According to sources in the Home Ministry, Indian intelligence agencies are now trying to find out the worth of demonetised notes already smuggled.
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The National Investigation Agency (NIA) has also been looking at counterfeit currency recovered and sources within the agency have said that newer fake notes are quite advanced and the common man - in most cases - would not be able to make out the difference between fake and real.

  

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Comment on this article

  • Ahmed K.C., Mangalore

    Fri, Jun 08 2018

    I have a question.
    How to re-print new currency on old notes ????
    Any guess ????

    DisAgree Agree [6] Reply Report Abuse

  • Ahmed K.C., Mangalore

    Fri, Jun 08 2018

    Report says they remove RBI security wires to reuse.
    Can't believe this.

    DisAgree Agree [6] Reply Report Abuse

  • PEDDA GUNDA, MANGALURU

    Fri, Jun 08 2018

    D Company and secretly smuggled to bangladesh, nepal and dubai wah wah wah very smart intelligence of our country wah shabash guys at last you achieved it ! wah wah !

    What is the use of administration system ! something gone out of their control ! or someone is indirectly employed with D Company

    DisAgree [1] Agree [1] Reply Report Abuse

  • Vinay, Mangalore/Muscat

    Fri, Jun 08 2018

    If 98.96% of de monetised notes are returned and with the bank, as per RBI, then what is the indian intelligence saying huge number???
    Kuch bi?

    DisAgree [2] Agree [10] Reply Report Abuse

  • Rolf, Dubai

    Fri, Jun 08 2018

    Still 10 months remaining April to come.why so urgent .
    Do any one get fooled rather then April please answer.

    DisAgree [1] Agree [6] Reply Report Abuse

  • SURESH HEGDE, UAE

    Fri, Jun 08 2018

    Some people still think demonetised is failure...

    DisAgree [9] Agree [4] Reply Report Abuse

  • Jenifer, Mangalore

    Fri, Jun 08 2018

    Suresh,

    Can you explain how demonetization is a success if people were unable to exchange the currency because they had it in volume beyond accountability ? Nevertheless, they can still exchange it to the enemy nation's representative ? Modi knew that there was hoarded cash but he gave only his close aides a chance to deposit it. Those who were not his friends were left in the lurch.

    Success to only Adnai/Ambanis, Baba Ramdev, NiMo, BJP regional offices and the Gujju traders. Do all these alone make the entire India ??

    DisAgree [4] Agree [15] Reply Report Abuse

  • SURESH HEGDE, UAE

    Fri, Jun 08 2018

    Jenifer exchanging the money with enemey country for very less amount. Anyway this money has no value in India because it is black money.

    DisAgree [1] Agree [5] Reply Report Abuse

  • Jenifer, Mangalore

    Fri, Jun 08 2018

    1. Couldn't Modi extend the deadline so that the money would have remained within the country ?

    2. Many people from abroad came with currency after the deadline expired because they were assured that their banks would exchange it for them. To see, though they had customs certification that the money was brought in legally, the banks told that only RBI branches were authorized to exchange. RBI banks are in Chennai or Mumbai besides Delhi. Who will buy a ticket worth 10 times the cash in hand ? Fools ?

    DisAgree [1] Agree [3] Report Abuse

  • Jenifer, Mangalore

    Fri, Jun 08 2018

    How come Modi boasted that his demonetizing step is a success in curbing black money hoarding ? How did he help in external forces pumping fake currency into India ?

    Why did he put a cap of 2.5 lakh per person and penalize people who converted currencies beyond their income capacity ? If this very step has been not so strictly imposed, the black money that is not going smuggled out could have been far lesser than that is happening.

    Well, Dr. Modi and his intelligent schemes - do we have a say ??

    DisAgree [3] Agree [7] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Jun 08 2018

    70% of India still believes in FEKU ...

    DisAgree [2] Agree [8] Reply Report Abuse

  • Rajesh, Udupi

    Fri, Jun 08 2018

    remaining 30% or so had voted for Modi. that too as per sickulars logic

    DisAgree Agree [3] Reply Report Abuse


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