The Financial Intelligence Unit-India (FIU-IND) has linked more than 200 financial transactions of this fiscal year to terrorism, with trails leading to foreign countries. The agency has forwarded these 'suspicious transaction reports' to other investigative and law-enforcement agencies of the country for necessary action, Zee News reported. FIU-IND has sent the reports to the Economic Intelligence Council (EIC) -- headed by the finance minister -- to be subsequently forwarded to agencies such as ED, DRI, IB and the CBI.
Citing sources in the Union Finance Ministry, the agency found that a number of cash transaction reports -- which were subsequently categorised under terror financing -- had money trails to certain Gulf states and other foreign countries.
The agency also sent almost 30 requests to its counterparts in other countries during 2008-09 to detect international networks financing terror modules in India.
FIU-IND -- which has prepared more than 3,000 suspicious transaction reports, to be finalised by the end of this fiscal -- has categorised these suspicious transactions under 'Combating Financing of Terrorism'.