Terror funding case: Kashmiri businessman sent to 10-day NIA custody

18 August, Srinagar

Kashmiri businessman Zahoor Ahmad Shah Watali, arrested in terror funding case, was sent to 10-day NIA custody Friday.

Watali was arrested in connection with terror funding case in Jammu and Kashmir Thursday. He was arrested following the searches at multiple locations in Jammu and Kashmir belonging to his relatives and employees.

During the searches, the NIA had unearthed highly incriminating material pertaining to receipt of funds from foreign sources and its further distribution to the terrorists and separatists in Kashmir valley for anti-India activities.

In June, the NIA had seized incriminating documents pertaining to several financial and land transactions from Watali’s house in Srinagar.

Suspected of acting as a conduit for illegally remitting funds to the secessionists, terrorists and stone-pelters, he was earlier arrested in 1990 by the Jammu and Kashmir police, when some anti-national activists were found present in his house. He was taken into custody along with separatists Yaseen Malik, Sajjad Gani Lone, Bilal Lone and others and was jailed for eight months.