Pakistan’s ISI using Nepal border to pump fake notes into India

As per intelligence sources, the racket of counterfeit notes is being run on the Nepal border; there is so much similarity between the original and the fake notes that even bank officials are finding it difficult to distinguish between them.

by Rakesh Singh - September 7, 2020, 4:42 am

Apart from promoting terrorism from across the border in Kashmir and other states, Pakistan’s intelligence agency ISI is now sending counterfeit currency notes in denomination of Rs 2,000 and Rs 500 to India through Nepal’s open border.

 These counterfeit notes are being printed in the official press of Karachi. Sources said that the most wanted terrorist Dawood Ibrahim’s operatives are being sent to India from Karachi.

Recently, counterfeit notes worth millions of rupees were caught in Pilibhit and Bahedi in Uttar Pradesh. The consignment of counterfeit notes is being linked to this racket of ISI which is using Nepal’s soil for this motive. India’s intelligence agency is on a high alert keeping in view this plot of ISI. The sleuths have been asked to increase the vigil on the India-Nepal border.

Top IB official told The Daily Guardian, “We are constantly inspecting the borders with both Nepal and Bangladesh, because ISI is using Dawood’s network in Bangladesh besides Nepal. The individuals, who were detained in Pilibhit and Bahedi, are also trying to dig into the network information.”

According to intelligence sources, the racket of counterfeit notes is being run on the Nepal border where 3 counterfeit notes are given instead of one. Due to the openness of the India-Nepal border, the fake notes are easily transferred from Uttarakhand, Bareilly, Pilibhit, Kheri, Gorakhpur and Purvanchal region.

The ISI is also using the Nepalese border because the counterfeit notes can be easily sent to Uttar Pradesh and its surrounding states due to the India-Nepal border being open. It is said that distributors sitting in Nepal are supplying counterfeit notes in India with a commission of 10%. A senior IB official told this newspaper that fake currency notes of Rs 500 and Rs 2,000 denominations are being printed in Pakistan in its government press.

 There is a similarity between the original notes of India and the counterfeit notes of Pakistan in paper and ink. Even bank officials find it difficult to distinguish between the real and fake one.

The optical variable ink is being used in counterfeit notes that are being printed in Pakistan. Optical variable ink is a special kind of ink which is used on Rs 2,000 and Rs 500 note threads. This ink appears green on the note, which makes it very difficult to distinguish between real and fake notes. This special type of ink is made by a foreign company, supplying it in some countries including India.

This ink cannot be used to print counterfeit Indian notes without the help of the government in Pakistan. Hence ISI’s hand behind the counterfeit notes’ printing and supply is proved. After demonetisation, counterfeit notes were eliminated from the country which also resulted in the base of terror and illegal activities getting weakened.