New Delhi,By Priyanka Guha:- 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they had unauthorizedly & fraudulently exchanged Rs. 21,88,000/- (approx) of valid denominations against the Withdrawn Old Series (WOS) currency notes without obtaining the valid identity proofs of the tenderers on commission by violating Guidelines issued by RBI and Government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.