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India-Pakistan
SOG Jammu nabs 3 on highway with hawala money
2006-08-25
JAMMU, Aug 25: Special Operations Group (SOG), Jammu arrested three activists of Jaish-e-Mohammed and Hizbul Mujahideen from Tikri on Jammu-Srinagar national highway this morning when they were shifting a hawala consignment from Rajouri to Kashmir in a hired TATA Sumo.

Of three arrested militant activists, two belonged to Kashmir valley and third one to Rajouri district.

Official sources told the Excelsior that a SOG Jammu team, on a specific information, intercepted a TATA Sumo, which was operating as a taxi, at Tikri, short of Udhampur on Jammu-Srinagar national highway this morning on a specific information that three suspected militants were travelling in it carrying a hawala consignment between Rs 50,000 to Rs one lakh with them.

The SOG team apprehended the trio from the Sumo along with the hawala consignment and brought them here this afternoon where they are being subjected to sustained questioning to ascertain the source of money and their other links in Hizbul Mujahideen and Jaish-e-Mohammed outfit.

Trio have been identified as Abdul Ahad Bhat of Handwara, Bashir Ahmed of Rajouri and Mohd Amin Bhat of Srinagar.

During preliminary questioning, they disclosed that they were shifting the consignment from Rajouri to Srinagar and had to deliver it to the militants. They had already made several trips to Srinagar carrying hawala consignments. According to sources, the militants had been shifting hawala amount to Valley in installments to ensure that even if one group was arrested, the financial loss was very less. This was the reason that three militants were in possession of only Rs one lakh.

The SOG Jammu has sounded Rajouri Police about the arrests and sought their assistance in tracing the source of money. Some more arrests in hawala network were expected, the sources said.

Early this month, the SOG Jammu had eliminated two militants including a Pakistani at Jagti, Nagrota on the eve of Independence Day.
Posted by:john

#4  Tata Group plans to invest Rs 1.20 trillion ($25.8 billion) in the next three to five years in telecommunications, steel, chemicals, power and other industries, a Group official said on Thursday.
"These are the areas in which we believe the companies can contribute value for money for its customers and investors across the sectors," Kishor Chaukar, a Director at the Group's holding company, Tata Sons, said.

The group, India's second-largest business conglomerate by sales, comprises 93 companies including Tata Steel Ltd, Tata Motors Ltd, Tata Consultancy Services Ltd, Tata Tea Ltd and Tata Power Co Ltd.

Tata officials also said the group's telecommunications firm, Videsh Sanchar Nigam Ltd, would cut bandwidth prices by up to 40 per cent and reduce the prices of international private leased circuits by a quarter.

New York-listed VSNL, India's top international telecoms provider, would also spend $600 million to build two new submarine cables between India and Europe, and Asia, the company said.

VSNL's shares ended up 0.4 per cent at Rs 416.10, while Tata Steel gained 2.2 per cent to Rs 517.35 in a firm Mumbai market, where the benchmark BSE index climbed 1.1 per cent.

On Wednesday, Tata Tea, which owns the Tetley brand, said it planned to buy 30 per cent of Energy Brands Inc, maker of Glaceau vitamin water.
Posted by: john   2006-08-25 18:56  

#3  In India ?



Posted by: john   2006-08-25 18:54  

#2  Where do you rent a TATA Sumo? They're not in the yellow pages...
Posted by: Phineter Thraviger1073   2006-08-25 17:48  

#1  Breaking the hawala network needs to be a top priority in the Global War on Terrorism.
Posted by: Zenster   2006-08-25 15:21  

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