What is the 1000 crore operation ‘Real Kuber’? Who turned ED’s mind

Money Laundering Case Linked Terror Funding: ED, which is investigating the Malegaon cash laundering case, suspects that 255 main financial institution accounts are probably linked to terrorist funding. ED has discovered some essential proof throughout the investigation underneath Operation “Real Kuber” which signifies that it is a properly organized cash laundering community, through which an online of many cell firms has been created and alleged direct hyperlinks with political individuals. And is additionally not directly related.

ED is analyzing the transactions of those accounts. Investigation has revealed that these accounts have been fraudulently opened in the title of Hindu youth, in order that this complete operation impressed by terrorist actions may very well be lined and there could be no chance of suspicion. Also, an enormous sum of money may very well be collected in these 255 accounts of Kuber and never solely might or not it’s laundered by means of Hawala, however a big a part of it might additionally allegedly be used for politically motivated suspicious actions.

“Clues of link to terrorist funding”

According to sources associated to ED’s investigation, throughout the investigation, they’ve discovered clues that this Rs 1000 crore cash laundering community is linked to political community and terrorist funding, which was loaned from the accounts of many different pretend and cell firms. When ED investigated suspicious monetary actions associated to 255 main accounts, it was discovered that in these 255 accounts, cash got here from accounts allegedly linked to political social gathering leaders, who have been immediately or not directly linked to non secular politics and inflammatory actions. Has occurred. The company is investigating the transactions in these accounts and the relationships between the individuals related to these accounts.

“Money was used in religious propaganda”

According to sources, investigation revealed that Rs 379 crore have been withdrawn from these accounts throughout the nation, which have been used to create a tense ambiance throughout the meeting elections held in numerous states in the previous couple of months and to create social and non secular propaganda, together with in opposition to legislation and order. This has been carried out to spoil the finish order.

“Evidence of increasing religious propaganda by fundamentalist organizations”

ED investigation has additionally discovered proof through which some a part of this cash was allegedly utilized by some fundamentalist organizations to advertise spiritual propaganda, instigate variations between Hindus and Muslims and promote political unrest associated to ST, NT and OBC. Was given in money for. The ED had recognized some individuals allegedly related to political events throughout the elections.

During the investigation, ED had despatched summons to many account holders of 255 financial institution accounts for KYC test and statements of many account holders have additionally been recorded. During interrogation, some individuals have claimed that the cash of their accounts was associated to playing and betting.

“Approximately Rs 114 crore transferred to 19 accounts”

During this investigation of ED, an essential hyperlink of Malegaon cash laundering has come to the fore, through which it was discovered that the hyperlinks of the 19 financial institution accounts of Malegaon through which an quantity of Rs 114 crore had reached for cash laundering, are related to those 255 accounts. In which roughly Rs 114 crore was transferred from this Kuber account to 19 accounts of Merchant Cooperative Bank and Bank of Maharashtra in Malegaon.

“Use of fake documents for transactions”

These 19 accounts have been opened fraudulently by the arrested accused Siraj Memon, who is accused of utilizing pretend paperwork for these transactions. During ED custodial interrogation, Siraj Memon revealed that he had hacked the account at the behest of accused Nagni Akram Mohammed Shafi and the mastermind of this cash laundering syndicate, Mehmood Bhagad, (also called “Challenger King” or “MD”). Were supplied. Challenger King is presently absconding on this case.