ED, ATS conduct raids in Thane over suspected terror funding

• ED and Maharashtra ATS conducted joint raids in Padgha, Thane district, over suspected terror funding.
• The raids, ongoing since early Thursday, involved searching residences and investigating suspicious money transactions.
• This action follows earlier ATS operations in Borivali village, Padgha, targeting suspected members and sympathizers of a banned outfit.
• Previous operations in Padgha included a search of 22 persons, including former SIMI office-bearer Saquib Nachan, and seized incriminating material.
• The NIA also carried out terror-related raids in Padgha two years prior.

Why It Matters: Ongoing raids in Thane target terror funding, crucial for national security.