SRINAGAR: The Directorate of Enforcement (ED) has filed a prosecution complaint (PC) under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 against three individuals identified as Mudasir Ahmad Sheikh, Mushtaq Ahmad Kambay, and Mohammad Iqbal Khan.
The prosecution complaint has been filed before a special court (PMLA) in Srinagar, reports appearing in media said.
The statement issued by ED reads that the court has taken cognizance of the complaint and issued notices to the accused persons for further trial.
“ED initiated an investigation based on FIR dated 11.07.2015 registered by Police Station Kulgam (J&K) against Mudasir Ahmad Sheikh, Mushtaq Ahmad. Kambay, Mohd. Iqbal Khan, Mohd. Abbas Sheikh (Later killed in the encounter) and Tauseef Ahmad Sheikh (Later killed in encounter) for the offences under section 420 of Ranveer Penal Code (RPC) pari-materia to sections 420 of IPC, 1860 and Sections 17, 18 of Unlawful Activities Prevention Act (UAPA), 1967 for raising funds to commit terrorist activities,” it reads.
It added that ED investigation revealed that the accused persons were raising funds for militant activities in the Kashmir Valley on the directions of Hizbul Mujahidin and thus, generated huge proceeds of crime.
“Part of proceeds of crime so generated from them were also found in possession in the form of 33 gold coins and ₹17.50 Lakh, which was to be used in terrorist activities. Further investigation is under progress,” it reads.
The Enforcement Directorate believes the accused were raising funds for subversion on the directions of proscribed the Hizbul Mujahidin. Part of the trio’s possession, in the form of 33 gold coins and Rs 17.50 lakh, was to be used for subversion.
