ED Launches Massive Terror Financing Probe Linked to ISIS Module

The Enforcement Directorate (ED) conducted multi-state raids targeting a terror financing operation linked to an ISIS-affiliated group. The operation spanned 40 locations, with central and state security forces assisting. Investigations connect the module to illegal wood smuggling and financing extremist activities.

The Enforcement Directorate (ED) launched extensive multi-state raids targeting alleged terror financing linked to an ISIS module. Officials reported that searches took place at 40 locations early Thursday morning, focusing on areas including Padgha-Borivali in Thane, Maharashtra, Ratnagiri, as well as Delhi, Kolkata, and parts of Uttar Pradesh.

Security for the raids in Maharashtra was provided by the state's Anti-Terrorist Squad (ATS), while central security forces supported operations elsewhere. The federal agency acted under the Prevention of Money Laundering Act (PMLA), in light of a NIA chargesheet accusing individuals of involvement in an ISIS-affiliated group involved in extremist activities.

Further intelligence from the Mumbai ATS indicated that an illegal Khair wood smuggling racket was generating illicit funds used in extremist endeavors. The ED is now probing this link to crack down on the financing of such extremist operations.

(With inputs from agencies.)