National

Terror funds: India freezes accounts of over 3 dozen suspects

New Delhi,November 19: India has frozen assets worth Euro 3 lakh over Rs 2.12 core of over three dozen entities on charges of terrorist financing and money laundering of illicit funds, a latest report by global anti-financial terror body FATF has said.

The body has conducted a mid-session review of various countries and economic powers of the world in the wake of the increased activities of dreaded terrorist group, ISIS, around the globe.

The banned group has also been held responsible for the recent terror attacks in Paris which killed 129 people.

As part of India's initiative against suspect funds and those related to terrorism, the FATF report said the country has frozen assets to the tune of Euro 3 lakh belonging to 37 entities till August 15 this year.

India is a full-member of this reputed global body, the Financial Action Task Force (FATF), along with other nations like the US, France, Germany and the United Kingdom.

"This report sets out the results of that exercise," a report prepared in this regard for the perusal by G20 leaders said.

The G20 nations, including India being represented by Prime Minister Narendra Modi in Turkey's Antayla, last week had resolved to seek urgent and united global efforts to combat terrorism as the gruesome Paris attacks, war in Syria and the fight against Islamic State militants overshadowed the deliberations at the Summit.

The FATF is an inter-governmental body established in 1989 and it is mandated to set global protocols and standards to combat money laundering and other financial crimes with direct ramifications to terrorist acts across the globe.

Tripura votes on Feb 18; Meghalaya, Nagaland polls on Feb 27

New Delhi: The assembly elections in Tripura will be held on February 18, while Meghalaya and Nagaland will go to polls on February 27, the Election C...

CJI meets four senior-most SC judges

New Delhi: Chief Justice of India Dipak Misra today held a meeting with four senior-most Supreme Court judges to resolve issues raised by them during ...

Future belongs to those who innovate: Netanyahu to India Inc

Mumbai: Stating that the partnership between Israel and India is doing wonders, Israel Prime Minister Benjamin Netanyahu today asked business leaders ...

Nuclear Capable Ballistic Missile Agni-V Test-Fired

New Delhi: India's indigenously developed intercontinental surface-to-surface nuclear capable ballistic missile 'Agni-5' was successfully test-fired o...