Cheetah786
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NEW DELHI: A Pakistani government printing press in Quetta is churning out large quantities of counterfeit Indian currency, The Times of India reported on Monday.
The rupee notes are then smuggled into India as ââ¬Åpart of Pakistanââ¬â¢s agenda of destabilising (the) Indian economy through fake currency,ââ¬Â the daily said. The notes are ââ¬Åsupplied by the Pakistan government press (at Quetta) free of cost to Dubai-based counterfeiters who, in turn, smuggle it into India using various means,ââ¬Â the report said, quoting a Central Bureau of Intelligence note to Indian security agencies and the finance ministry.
Pakistanââ¬â¢s intelligence agency, Inter-Services Intelligence (ISI) allegedly plays an active role in the scam. The notes ââ¬Åare pushed into India by ISI through all possible channels using smugglers, underworld gangs, terrorists and general air/rail passengersââ¬Â. The Indian intelligence agency picked up the trail of the counterfeiters from interrogations of a Gulf-based bookmaker who was deported from Dubai to India. The Reserve Bank of India has estimated the amount of fake currency in circulation at almost Rs 1.7 trillion ($37.5 billion), the report said.
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The rupee notes are then smuggled into India as ââ¬Åpart of Pakistanââ¬â¢s agenda of destabilising (the) Indian economy through fake currency,ââ¬Â the daily said. The notes are ââ¬Åsupplied by the Pakistan government press (at Quetta) free of cost to Dubai-based counterfeiters who, in turn, smuggle it into India using various means,ââ¬Â the report said, quoting a Central Bureau of Intelligence note to Indian security agencies and the finance ministry.
Pakistanââ¬â¢s intelligence agency, Inter-Services Intelligence (ISI) allegedly plays an active role in the scam. The notes ââ¬Åare pushed into India by ISI through all possible channels using smugglers, underworld gangs, terrorists and general air/rail passengersââ¬Â. The Indian intelligence agency picked up the trail of the counterfeiters from interrogations of a Gulf-based bookmaker who was deported from Dubai to India. The Reserve Bank of India has estimated the amount of fake currency in circulation at almost Rs 1.7 trillion ($37.5 billion), the report said.
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