Pakistan sending in ‘high-quality’ fake currency, claims Indian government

Minister of state for finance says India is seeking help from the US to tackle the menace of fake currency.

The Indian government has claimed that maximum consignments of ‘high-quality’ fake currency notes are being supplied in the country from Pakistan, reported Press Trust of India on Thursday.

“As per available inputs from central intelligence and investigation agencies, consignments of high quality fake Indian currency notes (FICN) have been directly or indirectly sourced from Pakistan,” Indian Minister of State for Finance Namo Narain Meena informed the Parliament as quoted by the story.

In response to a question whether India has sought help from the US to tackle the menace of fake currency notes, the minister replied in the affirmative.

He stated, “Under the Indo-US homeland security dialogue, counterfeit currency is one of the aspects for cooperation, covering exchange of knowledge, skill and intelligence.”