Shahid, who was arrested by the NIA on October 24 for allegedly receiving funds from overseas for subversive activities in the Kashmir Valley, is at present in the custody of the agency for seven days.
NIA officials said a team of the agency sleuths carried out searches at Shahid's residence at Soibug in Budgam district of central Kashmir and seized his five mobile phones, a laptop and some incriminating documents.
According to NIA, 42-year-old Shahid, who works in the agricultural department of the Jammu and Kashmir government, has given the names of overseas Hizbul Mujahideen members involved in fund-raising for the terror outfit.
The NIA claimed during questioning that Shahid admitted to having received funds from cadres of the Hizbul Mujahideen on the direction of his father, Mohammed Yusuf Shah alias Syed Salahuddin, for fomenting terrorist activities in the Valley.
The NIA said he also revealed the names of his associates abroad who were linked with the Mujahideen and involved in raising, collecting and transferring funds from other countries to India.
The agency alleged that Shahid was one of several Indian contacts of Bhat who had been in telephonic contact with him for receiving money transfer codes.
The NIA claimed so far he had received a total of nearly Rs 4.5 lakh through eight international wire transfers.
The case, registered by the NIA in April 2011, relates to the transfer of money from Pakistan to Jammu and Kashmir through hawala channels via Delhi, which the agency believed was used in funding terrorism and secessionist activities.
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