Two sentenced to 5 years in jail for smuggling of FICN

A Delhi court today awarded five years' rigorous imprisonment to two men, including a resident of Nepal, for circulating Fake Indian Currency Notes (FICN), saying that the act was carried out "to deter and harm the economy of India".
Additional sessions judge (NIA cases) Rakesh Pandit handed over the punishment to the convicts -- Bihar resident Ekramul Ansari and Nepal resident Sharda Shankar Mahato -- under various sections of the stringent Unlawful Activities (Prevention) Act and IPC, after noting that they had pleaded their guilt.
"Convict Ekramul Ansari is directed to undergo rigorous imprisonment for the period of five years for the offence under section 18 of Unlawful Activities (Prevention) Act as having conspired with other accused persons to for terrorist act i.E. To circulate fake high quality FICNs in India so as to deter and harm the economy of India and trafficking 4,988 Fake Indian Currency Note (FICNs) from Dubai to Delhi Airport," the court said.

According to the prosecution, a red alert notice was issued against Ansari in 2014 on the basis of which he was apprehended at the IGI Airport in April 2014 with a bag filled with 4,988 high quality FICNs of Rs 1,000 denomination as he was trying to traffic them from Dubai to Delhi.
Ansari was arrested on April 18, 2014 from IGI airport here after the Directorate of Revenue Intelligence (DRI) sleuths recovered a total of 4988 FICN of Rs 1,000 denomination from his possession.
The case was later handed over to NIA.
It further said that Mahto was the person whom the FICNs were to be delivered.