£3.5million Hyd's Nizam money sent to UK, Karachi

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It was not just £1 million that was transferred from the exchequer of Hyderabad to London days before the Police Action in September 1948 leading to the merger of Hyderabad state with the Indian Union. Records show £3.5 million was transferred from Hyderabad to London and Karachi. But the £1 million is in spotlight as the money was frozen by a London bank.



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