Over Rs 40 lakh in cash, demonetised currency notes and gold have been recovered by the NIA, following searches at the residence of a former director of an Imphal-based medical institute as part of a terror-financing probe against a banned outfit in Manipur.

An NIA spokesperson on July 3 said the agency raided the residence of Shyamo Singh, former director of the Jawahar Lal Nehru Institute of Medical Sciences (JNIMS), yesterday as part of a probe into the financing of and supply of arms, ammunition and explosives to the proscribed terror group, KCP (Kangleipak Communist Party).

Cash amounting to Rs 40.03 lakh, incriminating documents, demonetised currency notes (old Rs 1,000 and Rs 500 notes) worth Rs 1 lakh and 700 grams of gold were seized from the house of Singh, the spokesperson said. Singh was currently being questioned by the National Investigation Agency (NIA) sleuths, he added. The central probe agency had filed an FIR in the case last year, after taking cognisance of a criminal complaint lodged by the Delhi Police alleging that the accused or suspects were actively associated with the KCP. The NIA has filed two chargesheets against four arrested accused in the case till now, the spokesperson said.