The Enforcement Directorate (ED) has attached a Gurgaon property of Kashmiri businessman Zahoor Ahmad Shah Watali who is in Tihar jail on charges of funding terror.
The move is part of a multi-agency crackdown on people and organisations suspected of funding terrorists activities in the country, especially Kashmir. Top officials told ET that the National Investigative Agency (NIA) has identified 13 persons and the properties they have acquired through suspected tainted money, while the Enforcement Directorate (ED) has quantified assets valued at over Rs 7 crore as proceeds of terror funding crimes.
Watali, who has been in jail since last year, has been charged with being a conduit for funnelling funds for terror-related activities in India. Read More