The Central Bureau of Investigation (CBI) has registered 77 cases connected to “corruption and malpractice” since November eight, 2016 when the authorities scrapped the light notes of ₹ 500 and ₹1,000. The CBI said Aadhar card numbers of young americans had been misused to deposit light foreign money notes in banks.
“Several cooperative banks in Maharashtra and Gujarat” had been stumbled on to be all for unlawful exchange of notes, the company said.
Some americans had got abet of recent foreign money notes internal days of the light notes being scrapped. “Since there had been restrictions on americans in phrases of withdrawal of recent foreign money, investigation is on to be taught the diagram they would per chance advance in possession of such amounts,” a CBI assertion said.
The company said it had additionally registered seven preliminary enquiries into the alleged corruption cases. Illegal tender around ₹396 crore had been recovered to this level.
The CBI said it obtained ninety two complaints from the normal public which reported such unlawful exchange in diverse organisations. “Some non-public americans (26) and 21 public servants ( mainly from put up set apart of job and the banking sector) had been nabbed with huge amounts of recent foreign money,’’ CBI spokesperson Abhishek Dayal said.
Mr. Dayal said the cases connected to fraudulent exchange of demonetised notes at industrial banks, co-operative banks, put up offices, railways and insurance protection firm.
The CBI claimed that it became once ensured that every knowledge connected to such violations should be entertained and examined and, if required, cases registered.
“Several shell firms had been identified accurate thru the course of investigations. Concerned regulation enforcement companies had been steered of these shell firms for action on their segment,” the assertion said.
At places, recent foreign money notes obtained in traditional sale/transactions had been modified by some officials with light foreign money notes to deposit with banks on behalf of these organisations. “Forgery of paperwork to initiate recent accounts, deposit cash and then transfer this cash to varied accounts became once level to in a series of banks.”
CBI Director Alok Kumar Verma had asked the company’s officers to give high precedence to demonetisation connected cases, Mr. Dayal said. The teams investigating the cases had been steered to complete the investigations internal the establish timeframe.
“At put up offices, manipulation and even destruction of recordsdata became once resorted to, to facilitate deposit of light foreign money notes,” the CBI said.
The fraudulent exchange of light foreign money notes took set apart mainly at industrial and cooperative banks (fifty nine cases), put up offices (18), Railways (5) and insurance protection company (one case).