Menu
Search

Tracking Terror Funds in Stock Markets: Shinde

Sunday, November 11, 2012
16
Separator
16
Separator
30
Separator
5
Separator
Print Print Email Email
News Content Image

New Delhi: Home Minister Sushilkumar Shinde said on November 10 that terrorist groups were putting money in the stock markets and the government was keeping track of it.

Talking to reporters here, Shinde said the government had information that terrorist groups were operating in the stock markets from outside the country also.

"We have information that they have been putting money in stock exchanges, stock markets," Shinde said.

"We always keep track of it," he added. However, he refused to share the details, saying that it will not be proper to disclose the names. "As and when action is taken", you would know, he said.

Shinde had said at an Interpol General Assembly meeting in Rome earlier this week that terrorist outfits were investing in the Indian stock market.

The minister cited credible intelligence inputs and said that terrorist outfits were investing in stock markets through spurious companies, setting up fictitious businesses and laundering money. He had called upon the Interpol to play a crucial role in helping India tackle the issue.


Source: IANS
Write your comment now
Submit Reset
Looking For Loan? Let us Help you !!!
Product
Name
City
Phone
Email
Loan Amount
Annual Income
Preferred banks
Captcha
Type the characters you see in the picture
  Submit
Sign Up for DailyDose and Read the Day's Highlights
Email:
Social Media