ISLAMABAD: Notorious militant and Tehreek-i-Taliban Pakistan (TTP) financier Bakhat Raj alias Asadullah was killed in an intelligence-led operation in Khyber Pakhtunkhwa's Swat region on Tuesday.

A security official, on condition of anonymity, told Dawn that Bakhat Raj financed the group's terrorist activities in Khyber Pakhtunkhwa's Buner district and the port city of Karachi.

Security forces are carrying out intelligence-driven operations across Pakistan during which a number of important militants have been rounded up.

Last year in December, the Pakistan army decided to continue ‘intelligence-based operations’ (IBOs) against militant targets throughout the country to pre-empt terrorist attacks.

The decision was taken at a meeting of Corps Com­manders held at the General Headquarters under the chairmanship of Chief of the Army Staff Gen Raheel Sharif.

Take a look: Army to carry on operations based on intelligence

In the wake of the Peshawar school attack, the Pakistan Army has also stepped up its operation against armed militants in North Waziristan and Khyber Agency. The anger and outrage resulting from the massacre has led to a consensus in the country in which almost all political parties have joined hands with the government and the army to go all-out against banned groups which they believe were waging a war against Pakistan.