Last Updated:December 13, 2025, 15:53 IST The case revolves around Saqib Nachan, a key ISIS-linked operative, whose network, according to investigators, had moved well beyond online propaganda & ideological indoctrination Investigators believe the module combined ideology, recruitment, training, logistics, and diversified revenue streams, reflecting a structured operational framework similar to global ISIS cells. (Britannica) The Enforcement Directorate (ED) has uncovered the financial architecture of the ISIS-linked Padgha-Borivali module, exposing a sophisticated, self-sustaining terror ecosystem that relied on forest crime, hawala channels, and local commercial networks to fund jihadist activities. In a nationwide operation, the ED conducted searches at 40 locations across seven states—Padgha and Borivali in Maharashtra, Delhi, Kolkata, Hazaribaug, Prayagraj, Daman, and Ratnagiri—leading to the seizure of Rs 3.7 crore in cash and gold worth Rs 6 crore, taking the total value of the terror-finance crackdown to Rs 9.7 crore. Top ED sources said the probe marks a decisive shift from event-based terror investigations to dismantling the entire ecosystem that sustains extremist networks. “This investigation makes it clear that the Padgha-Borivali module was not …