Currency ban has failed in its purpose: Omar Abdullah

Doda: Former Chief Minister and senior National Conference leader Omar Abdullah said the main motive of the ban on high value currency notes to curb terror funding has not been fulfilled as two fresh Rs 2,000 notes have been seized from two militants who were gunned down today.Omar said, “The purpose to ban Rs 1,000 and Rs 500 notes was to stop terror funding. It has failed in it as two freshly minted Rs 2,000 notes were found on the two militants who were gunned down in an encounter with security forces in Bandipora.”Addressing a huge gathering at Doda, Omar said, “After the government decision to scrap high value currency notes, I have not seen any rich person standing in a queue for money. Wherever I have gone, I have seen common people in distress standing in long queues for hours for their own money.”Omar was on a three-day tour of the Chenab region.