Former Pakistan President General Pervez Musharraf has described Prime Minister Narendra Modi’s move to ban the Rs. 500 and Rs. 1,000 notes as historic.In an interview to Tamil news channel, Musharraf called it a good step from personal perspective. When asked about the accusation that every counterfeit note comes from Pakistan, he said he challenge this accusation. He said it is done by both sides.
He said the move will help unearth the black money – the ill-gotten money.The former Pakistan President said he is not an economist but still it is a good move.
An organised criminal network has been working in Pakistan’s Peshawar to print only fake high quality Indian currency notes. The mint, run by Pakistan’s intelligence agency ISI, uses its channels (LeT, Dawood Ibrahim, etc.) to pump fake currency into India.