India to expose Pak in global fora on fake currency issue

“FICN,seized recently,are of very high quality. The quality of paper,printing and security features are of such high standard that no non-state actor can do it. We have also evidence that these FICN are coming from Pakistan,” a senior government official said.

The recent seizure of all FICN have links with Pakistan,officials said,noting that the cash was brought in by Pakistani nationals or by agents from Pakistan through Bangladesh,Nepal and Dubai and sometimes through Kuala Lumpur.

Officials feel that unless India does something to cause “shame” to Pakistan in international forums and give them evidence to conduct enquiries by themselves,circulation of FICN by Pakistani agencies like ISI would not stop.

“We will go to the World Bank and the International Monetary Fund (IMF) to highlight Pakistan’s shameful act,” the official said.

Security agencies have intercepted conversation between some Pakistani officials and Indian agents which suggested that FICN with a face value of Rs 40 crore was ready to be sent to India.

Recently the CBI had busted an FICN racket by arresting seven persons in Delhi,Haryana,Bihar and West Bengal. Fake notes having a face value of Rs one crore– mostly in denomination of Rs 500 and Rs 100– were recovered from their possession.

“This gang had got all the FICN from Pakistan,” the official said.