2 months ago
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A Special Court of the National Investigation Agency (NIA) successful Visakhapatnam convicted 7 persons, including 2 from Karnataka, successful a 2015 Fake Indian Currency Notes (FICN) lawsuit involving cross-border trafficking of high-quality counterfeit currency.
The tribunal awarded elemental imprisonment (SI) ranging from 7 to 10 years, on with fines, nether assorted provisions of the Unlawful Activities (Prevention) Act, 1967.
The convicted accused are Saddam Hossain, Amirul Hoque of Barpeta territory and Mohammed Akber Ali from Kamrup territory successful Assam; Roustum and Mohammad Hakim Sheikh of Malda territory successful West Bengal; and Saddam Hussein from Bengaluru, Sayed Imran from Mandya successful Karnataka.
Key convictions
Saddam Hossain of Barpeta territory was sentenced to 10 years’ elemental imprisonment and a good of ₹5,000 nether Section 16 of the UA(P) Act. He was arrested by the Directorate of Revenue Intelligence (DRI), Visakhapatnam, successful September 2015 aft high-quality FICN with a look worth of ₹5,01,500 was seized from him astatine Visakhapatnam Railway Station portion helium was travelling by train.
Amirul Hoque, besides from Barpeta, was sentenced to 10 years’ SI and fined ₹5,000 nether Section 18 of the UA(P) Act. Roustum of Malda territory was sentenced to 7 years’ SI and a good of ₹2,000 nether Section 20 of the UA(P) Act. Mohammad Hakim Sheikh, besides from Malda, received 8 years’ SI and a good of ₹5,000 nether Section 18 of the Act.
From Karnataka, Saddam Hussein of Bengaluru territory and Sayed Imran of Mandya territory were each sentenced to 7 years’ SI and fined ₹2,000 nether Section 20 of the UA(P) Act. According to NIA, Sayed Imran is besides a convict successful different FICN lawsuit investigated by the bureau successful Visakhapatnam. A akin condemnation was imposed connected Mohammed Akber Ali of Kamrup district, Assam.
‘Disrupting fiscal security’
Investigation recovered that the accused were portion of a larger conspiracy involving trafficking of high-quality counterfeit currency done the Indo-Bangladesh borderline and its circulation successful antithetic parts of the country. The racket was aimed astatine disrupting India’s fiscal security, NIA claimed.
The NIA took implicit the lawsuit successful December 2015. The bureau filed its archetypal chargesheet against Saddam Hossain successful July 2016, followed by supplementary chargesheets against the remaining six accused successful 2018 and 2019.
