India has turned into a hub for supply of funds to terrorists: US

NEW YORK: US said that India has turned into a hub for supply of funds to terrorists due to its network of ‘Hundi’ and ‘Hawala’ system of funds remittances.

US State Office report available here said this. US report quoting Reserve Bank of India said that an amount of $42.60 billion was remitted to India during 2007-2008. Analysts said that during the same period an amount in the range of $13-17 billion were remitted through Hawala Market, a parallel system of the legal one.

Report said that India on priority should cooperate in those international efforts aiming at making the parallel systems of remittances transparent in view of the Hawala Market directly linked to the supply of funds to the terrorists.

US State Office report said that India should take up effective law making for combating money laundering and halting the supply of funds to terrorists. India has been asked in the report to work for becoming a full member of inter-governmental organization, Financial Action Task Force, which formulates policies for this purpose.
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What you think about this? should india take actions against this system?

 

lol show us the CNN or BBC or any Indian media link who say so......plz no pak media on indian issues

 

Please let be serious now

 

Whatever amount of money US gives to pak to fight terrorist, pak uses the 80% of the money to buy weapons which can be used against india and rest 20% they give it to taliban , the day is not so far away when pakistan will be run by taliban.

 

Very true, and if recent news reports are anything to go by, then, taliban is very close to taking over Karachi(pakistan's financial hub)........a major headache for rest of the world

 

in my opinion pakistani government should take action against indian funds and guns providers to stop them. Recently there are more than 12 indian RAW agents killed in pakistan by ISI. what about them?

 

@rky

Well You are totally wrong dude, Today, All world know who is wrong

BTW: your government need to take action against Taliban (Swat)

Mod please closed this nonsense thread.

 

I am not wrong dude it was a report
How this thread become nonsense let me know?

 

Cant stop laughing...

 

If you are an Indian, then it is really a nonsense

 

You should first ask your talibani governor whether it is legal to post in a forum , whether it is legal to use internet , whether it is legal to do business in internet .

 

it's all legal dude. it seems that you are talibani rules maker

 

Lates news from indian website source

 

If the amount is remitted to India...how can it become the source?

As far as I could understand some external source is providing the fund..... If it is being used for terrorism, then it is clear that sponsors of terrorism is from outside!!!!

Still u are blaming India, as if they are funding the terrorists.

 

The article is just saying that terrorists are using India's hawala system to transfer their money. If they try US banking system, they will be busted easily. India is not sending the money to terrorists. But the weak Indian financial enforcement system is unable to prevent the terrorists from using the hawala system.

 

Good to see a wise man here. this is what i wanted to say
Pakistan already banned this system few months ago.

Govt suspends Khanani & Kalia’s license in pakistan

 

Okay Pakistan is the most peaceful country in this world happy now ? LMAO..ROFL

Have you read the recent comments made by australian Umpires ?they said that your cops and elite soldiers ran away from the place leaving them in between of road ? Do you watch BBC or any international News channel ?

 

i am not talking about this.... but about terror funding...
my country is a peaceful country for me, with peaceful peoples.

 

Not taking sides here...
But, don't you think you went off-topic with that post?

 

And who is ruling the peaceful SWAT area now? Is it the peaceful, loving, sweet group of people called Taliban?