Kashmiri businessman among two arrested in Delhi in alleged terror funding case

August 6, 2025 by News Desk

The Counter Intelligence Kashmir (CIK) unit carried out searches at a business premises in New Delhi’s Lajpat Nagar as part of an ongoing investigation into alleged terror financing networks with suspected links to Lashkar-e-Taiba (LeT).

The operation was conducted in connection with FIR No. 02/2024 registered at Police Station CIK Srinagar. The searches were authorised by warrants issued by a Special NIA Court in Srinagar and are being carried out under various sections of the Unlawful Activities Prevention Act (UAPA) and the Indian Penal Code.

According to a statement issued by the CIK, the investigation focuses on cross-border financial transactions allegedly routed through individuals based in Gulf countries and other locations abroad. The funds are believed to have been sent to Kashmir through informal channels, involving people posing as traders, pilgrims, and expatriates.

One of the individuals under the scanner is Mohammad Ayoub Bhat, a resident of Budgam, who runs a textile business under the name ‘Shalimar Textiles’ in Delhi. Authorities allege that he acted as a financial link in the network. Another individual, Mohammad Rafiq Shah from Bemina in Srinagar, is also being investigated for his suspected involvement.

The case remains under investigation.