India to expose Pakistan on fake currency issue
Tuesday, 16 November 2010, 06:45 IST
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New Delhi: India will soon launch a diplomatic offensive against Pakistan by exposing before international fora like the World Bank and the IMF the involvement of that country's official agencies in printing fake Indian currency notes (FICN) and pumping them into Indian market. Armed with documentary evidence which established Pakistani official agencies' involvement in making FICN, New Delhi will first approach the Financial Action Task Force (FATF), an inter-governmental body whose purpose is the development and promotion of national and international policies to combat money laundering and terror financing. "FICN, seized recently, are of very high quality. The quality of paper, printing and security features are of such high standard that no non-state actor can do it. We have also evidence that these FICN are coming from Pakistan," a senior government official said.
Source: IANS
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