Pakistan Printing Fake Indian Currency
By Network on September 19,2006
A Pakistani government printing press in the
city of Quetta is printing out large quantities of counterfeit Indian
currency, The Times of India reported, citing a Central Bureau of
Intelligence note to Indian security agencies and the finance ministry.
The rupee notes are then smuggled into India
as 'part of Pakistan's agenda of destabilising (the) Indian economy
through fake currency,' the daily said.
The notes are 'supplied by the Pakistan
government press (at Quetta) free of cost to Dubai-based counterfeiters
who, in turn, smuggle it into India using various means,' the report
said.
Pakistan's intelligence agency, Inter Services Intelligence (ISI) is alleged to play an active role in the scam.
The notes 'are pushed into India by ISI
through all possible channels using smugglers, underworld gangs,
terrorists and general air/rail passengers', the report said.
The Indian intelligence agency picked up the
trail of the counterfeiters from interrogations of a Gulf-based
bookmaker who was deported from Dubai to India, it said.
The Reserve Bank of India has estimated the
amount of fake currency in circulation at almost 1.7 trln rupees, the
report said.
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