Terror funding probe: Kashmir businessman Zahoor Watali remanded to 10 days police custody

The businessman was arrested after NIA conducted searches at multiple locations in Srinagar, Handwara, Kupwara and Baramulla belonging to the relatives and employees of Watali.

By: Express Web Desk | New Delhi | Published:August 18, 2017 3:45 pm
zahoor ahmad shah watali, kashmir businessman arrest, kashmir terrorist funding, kashmir separatists, zahoor ahmad shah watali remand, kashmir news, nia, india news A day after being arrested by the National Investigation Agency (NIA), Kashmiri businessman Zahoor Ahmad Shah Watali was remanded to ten days police custody on Friday. (Representational Image)

A day after being arrested by the National Investigation Agency (NIA), Kashmiri businessman Zahoor Ahmad Shah Watali was remanded to ten days police custody on Friday. A statement released by the NIA said, “Kashmiri businessman Zahoor Ahmad Shah Watali remanded to ten days of police custody.” The NIA had arrested Zahoor Ahmad Shah Watali on Thursday in connection with the funding of terrorist and separatist organisations in Jammu and Kashmir.

Watali was arrested in Delhi following several rounds of questioning. He, as per the NIA, is suspected to be involved in hawala transactions using his vast network of contacts in India and Pakistan. He is also believed to be close to some high-ranking officials in Pakistan. Watali, according to NIA, acted as a conduit for illegally remitting funds to secessionists, terrorists and stone pelters.

The businessman was arrested after NIA conducted searches at multiple locations in Srinagar, Handwara, Kupwara and Baramulla belonging to the relatives and employees of Watali. The NIA said the searches unearthed highly incriminating material pertaining to receipt of funds by Watali from foreign sources and its further distribution to the terrorists and separatists in Kashmir Valley for anti-India activities.

NIA on June 3 had conducted searches at Watali’s residence in Srinagar and seized documents pertaining to several financial transactions and land deals.

For all the latest India News, download Indian Express App

  1. G
    Gopal Sriniwasan
    Aug 18, 2017 at 7:26 pm
    Only yesterday the Sr.Abdullah who thought J K was his family fiefdom said, the real Chor is within the Country. Lo, THE CHOR HAS BEEN CAUGHT.Is the Sr.Abdullah getting some premonition??
    (0)(0)
    Reply
    1. Y
      yash sehgal
      Aug 18, 2017 at 5:58 pm
      Weldon.. Now police will give him ch.illi danda treatment twice a day for ten days n he will sing like a cuckoo. No worry bcz pork biryani is free. All the links will be out.
      (0)(0)
      Reply