NIA to probe inflow of funds in Jammu and Kashmir

New Delhi, Aug 20 (IANS) The National Investigation Agency on Friday said that it has launched a preliminary enquiry into the inflow of funds in several bank accounts in Jammu and Kashmir in the last few months.

"Based on technical inputs, information has been collected that certain bank accounts in J&K have seen huge inflow and outflow of funds during the last few months. These accounts are in the names of persons whose income doesn't warrant such banking transactions," a senior officer of the agency said.

"Similarly, information also indicates flow of funds into and disbursement there from the bank accounts of some persons of interest in J&K," the officer added.

"To verify the details and to ascertain the end users of the flow of funds, NIA has registered preliminary enquiry into the subject and would submit its findings to Ministry of Home Affairs in due course," he said.

NIA's move comes in the wake of an unrest in the Valley after the encounter of Hizbul Mujahideen commander Burhan Wani on July 8.

At least 67 people have lost their life and over 2,000 have been injured in the clashes in the last 40 days in the state.

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