Terror groups investing money in stock market: Shinde

Updated - November 16, 2021 09:54 pm IST

Published - November 17, 2012 01:22 am IST - BANGALORE

Union Home Minister Sushilkumar Shinde on Friday claimed that the government had information of terror groups investing money in the Indian stock market.

Mr. Shinde was asked whether Pakistan-based Jamaat-ud-Dawa was investing money in the Indian stock market.

The government had information on terror groups engaging in such activities.

“I am not able to name the groups involved, but we have information that a number of [such] elements are investing in the stock exchange.”

The Minister said he had spoken about the matter while addressing the Interpol General Assembly in Rome earlier this month.

Assam violence

Asked about the breakout of fresh violence in Assam, he said Prime Minister Manmohan Singh had spoken to Assam Chief Minister Tarun Gogoi. He too had spoken to officials of the State government to co-ordinate Central assistance in controlling the situation.

He noted that the number of people housed in transit camps had come down from five lakh a couple of weeks ago to about 24,000 now.

Mr. Shinde denied that the Centre had issued any advisory to the State government following the fresh violence. If advisories were issued every now and then, they would lose their value, he said.

New NCTC formula

The Minister sounded optimistic on the establishment of a National Counter Terrorism Centre (NCTC), which had been opposed by some States. Some of the Chief Ministers who had opposed it had agreed to a “new formula” suggested by him. He would soon write to all the Chief Ministers, he added.

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