A Workshop on Terror Financing and Implementation of Section 51A (concerning Freezing of the Terror funds) of Unlawful Activities (Prevention) Act, 1967 was organised by the Ministry of Home Affairs(MHA), Government of India, in conjunction with the National Investigation Agency(NIA) here today.
The workshop was inaugurated by Shri S Jayaraman, Special Secretary (IS), Ministry of Home Affairs, and was attended by representatives of MHA, RBI, Ministry of Law, NIA, National Crime Records Bureau(NCRB), Directorate of Revenue Intelligence (DRI), Financial Intelligence Unit (FIU-IND), State agencies and other organisations involved in counter-terrorism.
Shri S Jayaraman emphasised that attention on terror finance is extremely significant, as finance is the oxygen necessary for terrorism to thrive. He stated that these investigations, though difficult, painstaking investigations, have always led to successful results. He also brought out the importance of the recent amendments in the UA(P)A, and exhorted all Police forces to counter terrorism, by effectively using the legislation.
The workshop discussed the strategies for countering the financing of terror; and the recent amendments to the Unlawful Activities Prevention (Act), 1967. The delegates shared their experiences in fighting terror financing and counterfeit currency. Discussions revolved on the nascent and evolving regime in respect of terror financing in India, and the steps to be taken by the Government and investigation agencies in this regard. The participants also discussed the challenges they faced, particularly in the realm of international co-operation, and possible solutions.
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