18 bank accounts involved in terror financing frozen: Government

The government has frozen 18 bank accounts found involved in terror financing under the stringent Unlawful Activities (Prevention) Act.

NEW DELHI: The government has frozen 18 bank accounts found involved in terror financing under the stringent Unlawful Activities (Prevention) Act.

The bank accounts located in Pune, Guwahati and West Bengal have been frozen under section 51A of the UAPA which enables the government to freeze accounts of individuals or terror groups to prevent and cope with terrorist activities.

"14 bank accounts of Moshin Ismail Chowdhary (involved in terrorist activities) in the Ratnakar Bank, Nana Peth branch, Pune, two bank accounts held by S S Brig Ningthoujam Rajen Singh, Commander-in-Chief and Finance Secretary of Kanglei Yawol Kanna Lup in the ICICI Bank, Guwahati and two bank accounts held by Rajen Singh's associate in SBI, Kurseong" have been frozen," Home Minister P Chidambaram told reporters.

Meanwhile, Rs 22.25 crore was released by the Home Ministry for the families of 416 slain central para-military forces personnel as a grant-in-aid for payment of compensation, he said.

Chidambaram said the government also sanctioned procurement of 801 assault rifles for the NSG at a cost of Rs 20.68 crore. He also said Andhra Pradesh government has issued a notification for acquisition of land for the NSG regional centre at Hyderabad.

The Home Minister said a CCTV system was approved for 29 markets and check posts in the national capital and an advance withdrawal of 70 per cent (Rs 47.62 crore) of the total cost was sanctioned on March 17.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › 18 bank accounts involved in terror financing frozen: Government
Text Size:AAA
Success
This article has been saved

*

+