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ED Attaches Rs 29,176 From Accused’s Account in 2022 Mangaluru Blast Case

The attachment marks the latest step under the Prevention of Money Laundering Act as investigators deepen scrutiny of crypto and mule account terror financing channels.

The Enforcement Directorate on Wednesday said that it has attached funds worth ₹29,176 kept in the bank account of an accused in the 2022 Mangaluru bomb blast case. (HT PHOTO)
Enforcement Directorate (ED) logo
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Overview

  • The Enforcement Directorate provisionally attached Rs 29,176 in Syed Yasin’s bank account on August 5 under PMLA after tracing it to the 2022 autorickshaw IED blast probe.
  • ED investigations have revealed that ₹2.86 lakh in cryptocurrency deposits and ₹41,680 in cash were routed through mule accounts and PoS agents to fund bomb assembly, safehouses and reconnaissance.
  • NIA chargesheets establish that the failed plot aimed to target Dharmasthala Manjunatha Swamy Temple, but a timer error caused the device to detonate prematurely inside an autorickshaw.
  • An online ISIS handler codenamed “Colonel” used encrypted apps to train Mohammad Shariq alias Premraj and co-accused on IED construction and organised fund transfers via FINO Payments Bank mule accounts.
  • All accused remain in judicial custody as NIA and ED continue to unravel the broader crypto-funding network and encrypted messaging support for the terror conspiracy.