Live
- Istanbul nabs over 240 illegal migrants
- Haryana CM takes dig at Punjab counterpart on setting up of new legislative Assembly
- Avvatar India and Spartan Race Kick Off India’s Ultimate Fitness Challenge in Bengaluru
- CM Revanth Reddy Pays Tribute to Guru Nanak on His Birth Anniversary
- ‘Matka’ clears censor: run-time locked
- ‘Kubera’ first glimpse looks interesting
- It took me 20 years to reach Sahnkar sir’s ears: Thaman S
- Gaurav Bhatia slams Congress for promising freebies to infiltrators in Jharkhand
- LIC’s entry into health insurance to significantly boost its market share
- Why Covid-19 Vaccine protection wanes over time?
CBI unearths Rs 396 crore of alleged slush funds after demonetization
The CBI has unearthed Rs 396 crore of alleged slush funds in 84 cases registered by it relating to illicit currency exchange that took place after the government announced demonetization of Rs 1,000 and Rs 500 notes an year ago, the agency said here today.
The CBI has unearthed Rs 396 crore of alleged slush funds in 84 cases registered by it relating to illicit currency exchange that took place after the government announced demonetization of Rs 1,000 and Rs 500 notes an year ago, the agency said here today.
The 84 cases which also include seven preliminary enquiries related to a fraudulent exchange of demonetized notes at commercial banks, co-operative banks, post offices, railways and insurance company, it said.
The CBI claimed that it was ensured that every information related to such violation of laws should be entertained and examined and if required, cases should be registered.
The agency received 92 complaints from the general public which reported such illegal exchanges in various organizations, it said.
"Some private individuals were nabbed with huge amounts of new currency. Since the restrictions on individuals in terms of withdrawals of a new currency, an investigation is to find out how they could come in possession of such amounts," CBI Spokesperson Abhishek Dayal said.
