The businessman, Naresh Jain, is alleged to have links with Dawood Ibrahim and al-Qaeda and has been accused of terror finance by the US Homeland Security. A search conducted by Enforcement Directory at Jain’s residence at Pitampura in North Delhi has brought out unaccounted cash of Rs 60 Lakh, official sources said.
Sources revealed that searches were conducted in eight premises belonging to Jain, said to be a mastermind in hawala dealings. His operations are believed to be spread over Nigeria, Italy, Afghanistan, China, Pakistan among many countries.
(Published 25 September 2009, 19:27 IST)
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