Wednesday, July 24, 2013

China to join hands with India to bust fake Indian currency notes network

NEW DELHI: In what could be the beginning of cooperation between India and China on the security front vis-a-vis threats from Pakistan, Beijing has expressed concern about their country becoming a route for smuggling of fake Indian currency notes (FICN) and have agreed to crackdown on the network.  Chinese financial intelligence agencies have established communication with India's Directorate of Revenue Intelligence (DRI) seeking details of a recent seizure of an FICN consignment smuggled via China. ..........

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