AMN /

India has frozen assets worth more than Rs 2 crore of over 3 dozen entities on charges of terrorist financing and money laundering of illicit funds. This is revealed in the latest report by global anti-financial terror body, the Financial Action Task Force.

The report said, as part of India’s initiative against suspect funds and those related to terrorism, the country has frozen assets to the tune of 3 lakh Euros belonging to 37 entities till August 15th this year.

The body conducted a mid-session review of various countries and economic powers of the world in the wake of the increased activities of dreaded terrorist group, ISIS, around the globe.

The banned group has also been held responsible for the recent terror attacks in Paris which killed 129 people. India is a full-member of Financial Action Task Force, along with other nations like the US, France, Germany and the United Kingdom.