BJP takes stock of terror in markets
BJP takes stock of terror in markets
Top BJP leaders have expressed surprise over the fact that the Government is taking no action in the matter.

New Delhi: National Security Advisor, M K Narayanan is a worried man. The reason - suspected manipulation of Indian stock exchanges by terrorists and terror outfits.

"Isolated instances of terrorist outfits manipulating the stock markets to raise funds for their operations have been reported. Stock Exchanges in Mumbai and Chennai have, on occasions, reported that fictitious or notional companies were engaging in stock-market operations. Some of these companies were later traced to terrorist outfits," National Security Advisor, M K Narayanan said at a recent security conference in Munich.

And the Opposition BJP is leaving no chance to flog the Government some more. Top BJP leaders have expressed surprise over the fact that the Government is taking no action in the matter.

"We are surprised at the Government's inaction. We believe that the NSA has reduced his role to that of a meteorologist who can only predict weather but can do nothing to stop unwelcome conditions," BJP vice-president Mukhtar Abbas Naqvi was quoted by news agency PTI as saying.

Naqvi's remarks came after Narayanan stated that fictitious companies - which have been traced to terror outfits - have been operating in the Bombay and Chennai stock exchanges.

"The NSA earlier spoke about infiltration of terrorists in the armed forces, then came his comments on the Mumbai bombings and then on threat to key installations, but we have seen nothing concrete from the government's side to act on these warnings. It shows that the key post he holds has lost its relevance under the UPA," Naqvi was quoted by PTI as saying.

Naqvi also stated that the NSA should be convincingly advising the Government on security and not creating confusion in the country over the security situation.

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