Financial Intelligence Unit

Cases of terror funding have increased by 300 per cent: Report

A Finance Ministry report has come out with shocking details about terror funding just a few days after the Hyderabad bomb blasts. According to the report terror funding has gone up by 300 per cent in the last one year while cases of hawala transaction and fake currency notes have also increased manifold. ...  

Al-Qaeda routing money to India via Europe

New Delhi: European countries are being used as hot destinations by terror group al-Qaeda to route money to India, according to a report by Peruvian Financial Intelligence Unit (FIU). The report said the FIU had found at least one case of such suspicious transaction by al-Qaeda every month and shared them with the US investigators. "The FIU also reports tracking cases similar to that of an OFAC-designated (US Office of...