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Demonetisation: ED, CBI carries out raids at various Kerala co-operative banks

Source : 1   On   22 Dec 2016
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Demonetisation: ED, CBI carries out raids at various Kerala co-operative banks

Weeks after the Narendra Modi government banned utilization of old Rs 500 and Rs 1,000 notes, numerous deceitful exercises in the saving money part has gone to the fore.

The Enforcement Directorate and CBI on Thursday did assaults at co-operative banks in various parts of Kerala.

ED directed assaults at Kannur, Kozhikode, and Thrissur while the CBI authorities led assessments of records of locale co-agent banks in Kollam and Malappuram.

These strikes are being led to check the records of stores after November 8.

Subsequent to banning old 500 and 1,000 rupee notes on November 8, the administration had permitted the majority of the money possessions with any individual to be saved in financial balances till December 30.

In maybe the primary instance of a top civil servant being assaulted, the house and office of Tamil Nadu Chief Secretary was today sought by Income Tax authorities who guaranteed to have recuperated Rs 30 lakh trade out new notes and 5 kgs of gold other than getting "exposure" about Rs 5 crore of unaccounted salary.

With around 35 staff of CRPF giving security, around 100 Income Tax sleuths, propelled the attacks as ahead of schedule as 6 am at 15 places, including the workplace and the living arrangement of Chief Secretary P Rama Mohana Rao, his child Vivek and a few relatives in Chennai and Chittoor in neighboring Andhra Pradesh.

A top Income Tax official said Rs 30 lakh in trade out new notes and 5 kgs of gold were recouped amid the assaults.