In a massive haul by the National Investigation Agency (NIA), sleuths seized Rs.1. 14 crore from a Bangalore-based businessman, who allegedly confessed that he had received the cash from a member of the banned Manipur-based terror outfit PREPAK-UPPK. The seizure has also brought to light the funnelling of money by terror organisations in the real estate sector in Bangalore.

The businessman, whose name has not been revealed, had received money from N. Shanti Meitei, the self-styled general secretary of the terror outfit People’s Revolutionary Party of Kangleipak-the United People’s Party of Kangleipak, which is said to be active in Manipur. The money seizure comes after the arrest of Meitei, who revealed his link with the businessman.

Terming it the “largest seizure of cash amount by the NIA” till date, the agency, in a release, said that 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 had been arrested in 2012 following 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 to Bangalore. Before joining the terror outfit, Meitei worked as a wireless operator with Manipur police. The businessman came into contact with Meitei during his stay in Manipur. During interrogation, the NIA found that the businessman had been contacted by Metei, who had given him the money and allegedly asked him to invest it in real estate.