BD, India to work together to check circulation of fake currencies

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Staff Reporter :
Bangladesh and India on Thursday agreed to cooperate with each other in controlling the circulation of counterfeit currency notes.
The decision was taken in a two-day Joint Task Force meeting on fake currency notes between Bangladesh and India held at the Police headquarters here. The Task Force meeting began on Wednesday.
Additional Inspector General of Police (Admin) of the Police Headquarters Mukhlesur Rahman led the 19- member Bangladesh delegation while his counterpart Inspector General of Indian National
 Intelligence Agency (NIA) SK Singh led a 12-member Indian team to the meeting.
Briefing reporters after the meeting, Additional IGP Mukhlesur Rahman said India has expressed its concern over the circulation of fake currency notes as those entering India through bordering countries, including Bangladesh.
 “After elaborate discussions, we agreed to cooperate with each other through sharing intelligence and information to stop the illegal circulation of fake currency notes,” Mukhles said, adding there will be cooperation also on identifying the routes of fake note smuggling.
Though the Criminal Investigation Department (CID) has enough capacity to identify fake notes, India has offered to provide technical and other supports, including training and workshops in this regard, the Additional IGP said.
Alongside discussions of controlling fake notes, the meeting elaborately discussed other crimes, including money laundering, terror funding, smuggling of drugs, especially Phensidyle and small arms, he said.
Mukhles said the joint task force meeting was organized following a Memorandum of understanding (MoU) between the two neighboring countries. As per the MoU, two meetings are held every year. The last meeting was held in India.
In a recent drive, the police arrested a young man in possession of 76 fake Bangladeshi currency notes amounting to Tk38,000 from a shoe store on Goruhata Road in Patkelghata upazila of Satkhira district on July 29.
Detectives in a drive arrested two people along Tk 0.42 million fake notes and currency-making equipment from Gobindapur area of Comilla Sadar upazila on August 3.
Rapid Action Battalion (RAB) arrested three persons including a woman in possession of fake currency notes worth TK 1,49,000 at capital’s Mirpur area on July 14.
Members of Rapid Action Battalion (RAB) in a drive arrested two members of a counterfeit money syndicate from Adabar in the city and recovered huge amount of fake currencies on July 10.
ASP Muhit Kabir Serniabad, Operation Officer of RAB-1, said, “Two manufacturers of fake currencies worth about Taka 25,07,500 were arrested with fake money making equipment from their possessions.”
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