New Delhi, Oct 04: The National Investigation Agency conducted searches at multiple locations in Jammu and Kashmir at the premises of suspected Line of Control traders.
The case was registered by the NIA in 2016. The LoC trade between India and Pakistan was started in 2008 as part of a confidence building measure between Jammu and Kashmir and Pakistan occupied Kashmir. The trade was based on barter system and third party origin goods were not allowed. The instant case is related to the large scale transfer of funds from Pakistan to India through the import of California Almonds (badam-giri) and other items via the Cross LoC Trade Facilitation Centres (TFCs) located at Salamabad, Uri, District Baramulla and Chakkan-Da-Bag, District Poonch. These funds were purportedly being used for fomenting terrorism / separatism in Jammu & Kashmir.