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KNZ NEWS DESK

Srinagar Nov 07 [KNZ]: The National Investigation Agency (NIA) on Tuesday said it had seized nearly Rs 36.5 crore in demonetised notes during its probe into the Kashmir terror funding case, media reports said.

“We have seized demonetised currency of face value Rs 36,34,78,500 and arrested nine persons in this connection in the Jammu and Kashmir terror funding case,” it said.

However, details of the seizure were not known immediately or whether the arrests included separatist leaders and Kashmiri businessmen who are in Tihar Jail on charges of “terror funding”.

In September 2017, the NIA had conducted searches at 16 locations in Kashmir and Delhi on traders who were allegedly indulging in hawala operations and using the money for funding terror and separatist activities.