The Central Bureau of Investigation has registered a case U/s 120 B r/w 420 & 406 of IPC and Section 13(2) r/w 13(1)(d) of the Prevention of Corruption Act, 1988 against then In-charge Post Master; then Postal Assistant, both working in Saheed Nagar Post Office, Bhubaneswar; a Superintendent of Central Excise; six private persons and unknown others. It was alleged that then In-charge Post Master and then Postal Assistant abused their official position and fraudulently allowed huge cash deposits to the tune of Rs. 36,80,930/- (approx). in the Postal Savings Accounts of 07 persons with Saheed Nagar Post Office, Bhubaneswar, on 09.11.2016 which was declared as a non-business working day by the Postal Department (Govt. of India) after announcement of demonetization of old notes i.e. withdrawal of legal tender character of existing Rs. 500/- & Rs. 1000/- notes by the Govt. of India on 08.11.2016.
Searches were conducted at the office & residential premises of accused including alleged depositors / Postal account Holders in & around Bhubaneswar which led to recovery of incriminating documents. A bank locker key; documents related to various bank accounts & immovable property (a Duplex at Kalinga Nagar in Jajpur district & land / plots at Ugalapada & Patharagadia in Khorda district); a cash of Rs. 04.40 lakh (approx) were recovered from the residence of one of the depositors (a Superintendent of Central Excise at Bhubaneswar). Investigation of the case is continuing.
CBI Press Release
New Delhi, 08.04.2017
The Central Bureau of Investigation has registered a case against Branch Manager & Assistant Manager, both of Sadhopur Ki Jhal Branch, Punjab National Bank, Dadri, Gautam Budh Nagar (Uttar Pradesh); a Proprietor of Ghaziabad based private firm and other unknown persons U/s 120-B, 420, 468, 471 of IPC and Section 13(2) r/w 13(1)(d) of Prevention of Corruption Act, 1988.
It was alleged that the Branch Manager (Scale-II) and Assistant Manager (Scale-I), both working in Punjab National Bank, Sadhopur Ki Jhal Branch, Dadri, Gautam Budh Nagar (Uttar Pradesh) entered into criminal conspiracy and in pursuance thereof, a current account was opened in favour of one Proprietor of Ghaziabad based private firm on the basis of forged & bogus documents. It was further alleged that post demonetization, in contravention of the guidelines dated 8.11.2016 issued by the Reserve Bank of India, the public servants in collusion with other unknown persons facilitated the deposit of a sum of around Rs.2,13,40,000/- (invalid specified bank notes – withdrawn bank notes in the denominations of Rs.500/- and Rs.1000/-) in the Current Account opened in the name of said Proprietor on different dates between 11.11.2016 to 29.11.2016. It was also alleged that the public servants deliberately omitted to collect the identity proof of the depositors (as mandated by Reserve Bank of India) and thereby facilitated these depositors to conceal their identity & dishonestly allowed the deposit of invalid specified bank notes to the tune of Rs.2,13,40,000/- (approx) in contravention of the guidelines issued by RBI and thus cheated the Government of India by depositing the invalid Specified Bank Notes.
Further investigation is continuing.
CBI Press Release- New Delhi, 08.04.2017
The Central Bureau of Investigation has registered a case against Special Assistant & Cash Officer, State Bank of India, Chilakaluripet Bazar Branch, Guntur District (Andhra Pradesh) and unknown others U/s 120-B r/w 420, 409 of IPC and Section 13(2) r/w 13(1)(d) of PC Act, 1988.
It was alleged that subsequent to the Govt. of India Notification dated 08.11.2016, withdrawing the legal tender of existing Rs.500/- and Rs.1000/- notes, Reserve Bank of India issued directions to all the banks restricting the cash withdrawal over the counter per day to Rs.10,000/- and aggregate per week to the tune of Rs.20,000/-. The accused entered into criminal conspiracy with known persons and exchanged SBNs (Rs.1000/- and Rs.500/- demonetised currency notes) to the tune of Rs.44,35,500/- (approx) in 86 transactions without obtaining the details of SBNs and customer’s particulars (KYC documents) in the prescribed form and thus favoured his known persons in exchange of SBNs ignoring the interest of public who were in dire need of legal tender in view of the demonetisation. Search was conducted at the residential premises of the accused at Guntur.
The another case has been registered against the then Sub-Postmaster, Sub-Post Office, Gandhi Place, Visakhapatnam & then Postal Assistant both working in Sub-Post Office, Gandhi Place, Visakhapatnam and unknown public servants / private persons U/s 120-B r/w 406, 409, 420 & 477-A of IPC and Section 13(2) r/w 13(1)(d) of PC Act, 1988
It was alleged that during the period between 10.11.2016 and 24.11.2016, the said Postal Officials while working in the Sub-Post Office, Gandhi Place, Sriripuram, Visakhapatnam had entered into criminal conspiracy with the unknown private individuals and in pursuance of the conspiracy, they had unauthorizedly & fraudulently exchanged Rs. 21,88,000/- (approx) of valid denominations against the Withdrawn Old Series (WOS) currency notes without obtaining the valid identity proofs of the tenderers on commission by violating Guidelines issued by RBI and Government of India. Searches were conducted at the residential premises of the accused at Visakhapatnam.
The investigation of both the cases is in progress.