PFI plotting, raising funds in India, abroad through banking channels, hawala: Center
New Delhi, September 28 (SocialNews.XYZ) So far, law enforcement have found in their investigations that the officials and cadres of the Indian Popular Front (PFI) and others were conspiring and raising funds in India and abroad through the banking channels, hawala, donations, etc. .
According to the Home Office, the funds were collected as part of a well-laid criminal conspiracy, and the PFI was found to be transferring, layering and integrating these funds through multiple accounts to project them as legitimate and eventually use them. these funds to transport various criminal, illegal and terrorist activities in India.
The Center on Wednesday banned the People’s Front of India (PFI) and its associates or affiliates for a period of five years. Affiliates include Rehab India Foundation (RIF), Campus Front of India (CFI), All India Imams Council (AIIC), National Confederation of Human Rights Organization (NCHRO), National Women’s Front, Junior Front, Empower India Foundation and Rehab Foundation, Kerala as an “illegal association”.
Investigations revealed that the sources of deposits in PFI’s name relating to its various bank accounts were not supported by the financial profiles of the account holders and that PFI’s activities were not conducted in accordance with their stated purposes.
Pursuant to the notification, the Department of Income Tax revoked the registration granted to PFI under Section 12A or 12AA of the Income Tax Act of 1961 (43 of 1961). The Income Tax Department has also revoked the registration granted to Rehab India Foundation under Section 12A or Section 12AA of the Income Tax Act 1961.
According to investigative agencies, Associates, Affiliates or Fronts have a “Hub and Spoke” type relationship with PFI acting as a hub and utilizing its Associates’ mass outreach and fundraising capacity, affiliates or fronts to enhance its ability to carry out illegal activities. and these associates or affiliates or fronts function as “roots and capillaries” through which the PFI is fed and strengthened.