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India, Bangladesh signed MoU to tackle the menace of fake Indian currency notes

The MoU was signed during a maiden meeting of the Joint Task Force on Fake Currency Notes (JTFFC) in Dhaka.

Aug 17, 2015 13:26 IST
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India and Bangladesh on 13 August 2015 signed a Memorandum of Understanding (MoU) to tackle the menace of fake Indian currency notes (FICN) smuggling. The MoU was signed during a maiden meeting of the Joint Task Force on Fake Currency Notes (JTFFC) in Dhaka.

The MoU was signed by Additional Inspector-General of Bangladesh Mohammed Mokhlesur Rahman and Head of National Investigation Agency of India IG Sanjeev Kumar Singh.

Highlights of the MoU

• Both countries will share intelligence inputs on operatives engaged in circulating FICN on real time basis.
• India will provide Advance note sorting machines to Bangladesh to detect FICN circulation at international airports, immigration points, integrated crossing points, banks and financial institutions in Bangladesh.
• India will help Bangladesh to set up Forensic Science laboratory for examination of fake notes and maintaining a digital depository of forensic reports.
• Both the countries in future will organise capacity building training programmes.

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