Fake Indian Currency Kingpin Held in Nepal over Money Laundering
In a significant development, the Central Investigation Bureau (CIB) of Nepal Police has arrested Yunus Ansari, a notorious fake Indian currency kingpin, for investigation into a money laundering case. This arrest comes just days after Ansari’s release from jail, where he had completed a six-year sentence for printing and circulating fake Indian currency notes.
Ansari, who is known for his involvement in the illegal circulation of counterfeit Indian currency, has been a target for numerous murder attempts in the past. As a result, he is currently being held in high-risk custody to ensure his safety.
According to sources, Ansari was arrested on Saturday by a team of CIB officials from a hotel in Kathmandu, where he was staying after his release from prison. The arrest is a significant blow to Ansari’s illegal activities, which have caused immense economic losses to several countries, including India.
Ansari’s involvement in the illegal circulation of fake currency notes dates back several years. In 2015, he was arrested by Indian authorities for printing and circulating fake Indian currency notes worth over Rs 1.5 crore. He was later extradited to Nepal, where he was sentenced to six years in prison.
Despite serving his sentence, Ansari’s illegal activities did not cease. In fact, he continued to operate his illegal business from behind bars, using his network of associates to print and circulate fake currency notes.
The arrest of Ansari is a significant achievement for the CIB, which has been working tirelessly to crack down on money laundering and other financial crimes. The bureau has been instrumental in disrupting the illegal circulation of fake currency notes and has arrested numerous individuals involved in this illegal activity.
The arrest of Ansari is also significant because it highlights the close cooperation between law enforcement agencies in Nepal and India. Ansari’s illegal activities have caused significant economic losses to both countries, and his arrest is a testament to the strong ties between the two nations.
The CIB has been working closely with Indian authorities to track down Ansari and his associates, and the arrest is a result of this collaborative effort. The bureau has also been working to disrupt the illegal circulation of fake currency notes and has arrested numerous individuals involved in this illegal activity.
Ansari’s arrest is a significant blow to his illegal activities, and it is expected that he will be extradited to India to face additional charges. The arrest is also a warning to other individuals involved in illegal activities that they will be brought to justice.
The CIB has been working to improve its capabilities to track down and arrest individuals involved in illegal activities, and Ansari’s arrest is a testament to its effectiveness. The bureau has been working to strengthen its intelligence gathering capabilities and has established partnerships with international law enforcement agencies to share intelligence and best practices.
Ansari’s arrest is also a significant achievement for the Government of Nepal, which has been working to improve its financial sector and reduce the risk of money laundering and other financial crimes. The government has implemented several measures to improve financial transparency and has established a Financial Information Unit to track and monitor financial transactions.
The arrest of Ansari is a significant step forward in the fight against money laundering and other financial crimes, and it is expected to have a significant impact on the illegal circulation of fake currency notes. The CIB will continue to work closely with international law enforcement agencies to track down and arrest individuals involved in illegal activities, and Ansari’s arrest is a testament to its commitment to this mission.
