In response to militants, including those based in Pakistan and PoJK, utilising the bank accounts of their family members and not holding any assets in their names, the authorities have reportedly decided to attach a portion of their share in the property and accounts even if they are not in their names. The objective of this measure is to ensure that the proceeds of terror funding are frozen and attached, even if they are not directly linked to the militants themselves.
The agencies have been successful in tracing the trails of terror money and have managed to follow the paths of funds associated with terrorist activities. By employing various investigative techniques and collaborating with intelligence agencies, they have been able to uncover the sources, routes, and destinations of these illicit funds. The investigations have involved extensive financial scrutiny, including analysing bank transactions, monitoring suspicious money transfers, and identifying individuals or organisations involved in terror financing. By following the money trails, the agencies have gained valuable insights into the networks, channels, and mechanisms utilised for funding terrorist operations. By seizing and freezing assets and funds linked to terrorist activities, the financial networks that sustain terrorism have been disrupted. Cutting off the flow of money hinders the ability of terrorist organisations to carry out their operations, procure weapons, and recruit new members. It weakens their infrastructure and limits their ability to plan and execute attacks. The seizures send a strong message to potential financiers of terrorism that their illicit activities will not go unnoticed or unpunished; this acts as a major deterrent, discouraging individuals and organisations from providing financial support to terrorist groups. This helps prevent the expansion and growth of terrorist networks.
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