In a massive haul by the National Investigation Agency, sleuths seized Rs.1. 14 crore from a Bangalore-based businessman, who allegedly confessed that he had received the money from a member of the banned Manipur-based terror outfit, PREPAK-UPPK.

The seizure has brought to light funnelling of money by terror organisations into the Bangalore real estate sector.

It is said the businessman, whose name has not been revealed, received money from N. Shanti Meitei, self-styled general secretary of the People’s Revolutionary Party of Kangleipak-the United People’s Party of Kangleipak.

The seizure comes after the arrest of Meitei, who revealed his link with the businessman. Terming it the “largest seizure of cash by the NIA” till date, the agency, in a release, said many movable and immovable assets had been seized from the businessman under different sections of the Unlawful Activities (Prevention) Act.

The cop-turned alleged terrorist Meitei was arrested in 2012, after which the NIA found that the outfit had invested in real estate in Guwahati and Bangalore. The businessman, originally from Manipur, had been carrying out business in his hometown before shifting base to Bangalore.

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