No Indication of Terror Link in NIA's Chit Fund Probe: Govt

New Delhi
No Indication of Terror Link in NIA's Chit Fund Probe: Govt

The National Investigation Agency (NIA) has not come across any instance in its probes till date that indicates terror links in flow of funds from chit fund companies, Parliament was informed today.

The statement comes in the wake of a controversy after BJP Chief Amit Shah allegations that Saradha chit fund money was used in the October 2 Burdwan blast, which is being probed for link with Jamaat-ul-Mujahideen Bangladesh (JMB) terror outfit.

"Saradha chit fund money was used in the Burdwan blast. The NIA is not being allowed to probe the blast properly. Hurdles are being created. It is being done in order to save TMC leaders who are involved in the blast," Shah had said late last month at a rally in Kolkata, while attacking the Trinamool Congress.

In a written reply to a Lok Sabha question, Minister of State for Finance Jayant Sinha today said that "the NIA has not come across any instance in its investigation which indicates any terror links across the country in terms of flow of funds from various chit fund companies."

Sinha further said that the NIA has investigated 69 cases relating to national security/terrorism during the last three years till date and in these cases 307 persons have been chargesheeted.

Earlier on December 3, Minister of State for Personnel Jitendra Singh had told the Lok Sabha the CBI investigation has "so far not revealed any such transaction where money was routed to Bangladesh to fund terrorist activities.

To address the multi-dimensional aspects of illegal inflow of funds for terrorist activities, several agencies such as RBI, Ministry of Finance, Ministry of Home Affairs and intelligence and law enforcement agencies are working in tandem to have effective check, Sinha said.


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