Continuing to rein in the financial networks of militant outfits with the purpose of destroying its ecosystem and supporting the structure of terrorism completely, the State Investigation Agency, Kashmir on Saturday conducted searches at multiple locations across the valley.
In a press release issued to the press, SIA said that about 14 Houses & a business premise of suspects in Srinagar, Sopore, Baramulla, and Shopian were searched in compliance with a search warrant obtained from the Hon’ble Court of Special Judge, Designated under NIA Act (TADA/POTA) Srinagar in connection with an investigation of case FIR No. 7/2022 u/s 13, 18, 19, 39, 40 UA(P) Act, 121, 121-A IPC, registered in Police Station CIK (SIA) Kashmir.
The case pertains to financial networks of terror outfits operating in the valley, SIA said.
“The case came to be registered on reliable information that a group of over-ground workers of militant organizations in connivance with and active support from their Pakistan-based handlers including terrorists who had exfiltrated from the valley, now based in Pakistan is arranging a variety of logistics support including channeling finances with the overall objective of furthering and sustaining terror activities in J-K in order to destabilize the Union of India by clandestinely waging war,” read the agency’s press release.
During the searches, incriminating material, electronic gadgets, mobile phones, bank documents, and other articles having bearing on the investigation have been recovered and seized, the SIA press release read.
Analysis of the data would follow and leads that would emerge would become the basis for further investigation.
It is pertinent to mention here that the searches are aimed at dismantling the financial networks of the militant outfits, it added.