The move will, however, suppress the counterfeit notes racket, says ATS chief Atulchandra Kulkarni.
Mumbai: Since the demonetisation policy was implemented early last month, the Anti-Terror Squad (ATS) of Maharashtra has stepped up efforts to keep close watch on hawala online terror activities of Islamic State (IS) who radicalise youths on social networking sites and fund them to spread terrorism.
Speaking on whether the demonetisation move has made any impact on terror funding, Maharashtra ATS chief Atulchandra Kulkarni said, “We will have to watch. It is a pretty recent thing. Terror things do not happen in a day.”
In a televised public address on November 8, Prime Minister Narendra Modi announced the ban on highest denominations of Indian currency. In his hour-long speech, Modi said it will curb ‘terrorism, corruption as well as black money’.
However, Kulkarni believes that the decisive step of Central government to cancel bigger notes will suppress the ‘counterfeit notes racket’ in the country. “It will have huge impact on fake currency network and obviously it will be visible. And its impact will continue for several months,” he said.
However, he further ruled out media reports that say Maharashtra ATS is taking the help IIT students to combat cyber crimes and IS handlers radicalising youths on the social networking sites. “No, I don’t find the need of anyone so far. We have our own set up which is efficient enough in cracking down on the online activities of IS. But if need be we will take their help,” said Kulkarni.
Ripping through the propaganda of IS of late, Maharashtra ATS deradicalised at least 28 youths including four girls with the help of Islamic scholars.