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NIA arrests Watali

KT NEWS SERVICE. Dated: 8/18/2017 1:04:08 AM

SRINAGAR, Aug 17: The National Investigation Agency (NIA) today arrested a businessman Zahoor Ahmad Watali in connection with its investigation into a case related to alleged funding to separatists.
A statement by NIA in New Delhi stated, "Watali's arrest follows the searches conducted by the NIA on Wednesday at multiple locations in Srinagar, Handwara, Kupwara and Baramulla belonging to his relatives and employees. The searches have unearthed highly incriminating material pertaining to receipt of funds by Zahoor Watali from foreign sources and its further distribution to the terrorists and separatists in Kashmir valley for anti-India activities."
Watali's residence in Srinagar was first searched by NIA on June 3 during which it had recovered several financial documents related to funding apart from land deals handled by him. “The property documents seized have shown huge amount of cash transactions in sale & purchase,” said the statement.
He will be produced before the Special NIA Judge at Patiala House Courts tomorrow, added the statement.
NIA said that Zahoor Watali is suspected of acting as a "conduit" for illegally remitting funds to the secessionists, militants and stone-pelters.