Three Arrested in Money Laundering Case Linked to Terror Financing and Illegal Admissions in Pakistan Colleges

SRINAGAR : The Enforcement Directorate (ED) has apprehended three individuals, identified as Mohammad Akabar Bhat, Ms. Fatima Shah, both residents of Srinagar, and Sabzzar Ahmad Shaikh from Anantnag (Jammu & Kashmir), under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA).

Official told News Agency Press Trust of Kashmir that, the arrests are part of an ongoing investigation into a money laundering case intertwined with terror financing activities. It is alleged that the accused collaborated with Pakistani handlers, including Manzoor Ahmad Shah and Altaf Ahmad Bhat, to facilitate admissions in MBBS and other courses in colleges across Pakistan for students hailing from Jammu & Kashmir.

Following their apprehension, the trio was presented before the Court of the Special Judge ACB (CBI-Cases), Kashmir, Srinagar. They have been remanded to ED custody until February 20, 2024, to facilitate further investigation into the matter.

This development underscores the gravity of the situation and the collaborative efforts required to combat illicit financial activities linked to terrorism, as well as the illegal procurement of educational opportunities.