NIA claims cracking Hawala racket in trans-border trade
Srinagar: National Investigation Agency (NIA) has claimed that they have cracked and found the Hawala racket which is being used to fund militancy in Kashmir through trans-border trade. The Agency said that they were questioning many suspected traders who were helping militants in Kashmir Valley.
NIA has said that they have questioned many traders as about 667 traders are working in this trans-border trade from Kashmir and Jammu regions.
As per NIA report from year 2008 to 2016 Pakistani side has supplied about 34,000 trucks via Uri-Muzarrabad road worth Rs. 2,000 crore while from this side 22,000 trucks worth Rs. 1900 crore have supplied goods back under the barter system. The gap of Rs. 100 crore, the NIA claims that was used to fund militant activities in Kashmir Valley.