Source: The Sangai Express
Imphal, October 04 2010:
With the aim to exposing the identity of the people diverting fund to underground organisations and accumulating wealth illegally, Financial Intelligence Unit (FIU) of the Ministry of Finance has started scrutinising financial transactions in all the banks operating in Manipur.
According to a highly placed source, the FIU has been acting based on the reports that some Government departments have been diverting development funds to UG groups whereas many individuals have been accumulating wealth illegally.
The FIU has been investigating into transactions of abnormally large amounts in the banks operating in Manipur.
Moreover, a branch office of FIU has been opened in the State Home Dept.
It has even submitted a report to the State Government on the same matter.
Another source informed that the Investigation Bureau has compiled a long list of works and projects being undertaken in the State with funding from politicians, businessmen, UG groups and wealthy people.
The same list has been forwarded to the State Government.
The State Government has handed over the list to police for further investigation.
Notably, due actions have been initiated against some works taken up with assistance of UG groups under Money Laundering Act.