The Pakistani intelligence agency ISI is printing and circulating Fake Indian Currency Notes (FICN) and the government agencies in Islamabad are importing additional currency-standard printing paper from companies located in London.
The modus operandi of the ISI was revealed by two Nepali counterfeit currency traffickers who were arrested by Thailand police in October last year. During interrogation, the accused disclosed that they were working for a prominent Nepali businessman who was the son of a former minister.
Now it is clear that Pakistan is directly involved in the FICN racket which is being carried out by using the network of underworld don Dawood Ibrahim in India and also in Sri Lanka, Bangladesh and Nepal in close association with different terror outfits.
Naushad Alam Khan, arrested in Dhaka on April 24 with FICN worth Rs 50 lakh, had admitted his direct link with HuJI (Bangladesh) chief Mufti Abdul Hannan. Both Khan and Hannan had fought for Taliban in Afghanistan.
The ISI has, in fact, been using state air-carrier Pakistan International Airlines (PIA) to transport counterfeit currency to its conduits in Nepal, Bangladesh and Sri Lanka.