A Finance Intelligence Unit report to FinMin had highlighted the quantum jump in suspicious transactions and the need for action against hoarders On October 27, two weeks before Prime Minister Narendra Modi’s crackdown on black money by demonetising Rs 500 and Rs 1,000 notes, the Finance Intelligence Unit (FIU) wrote to the finance ministry on the urgent need to tighten the noose around those involved in suspicious financial dealings. A […]