CBI books MP's PA, others for illegally exchanging banned notes

Posted on May 31, 2018 from Delhi, National ι Report #200832

New Delhi/Bengaluru, May 31 (IANS) The CBI on Thursday said that it has registered a case against a Corporation Bank Chief Manager and a Personal Assistant of a Parliamentarian in Karnataka in connection with illegal exchange of demonetised notes.

The Central Bureau of Investigation (CBI) had registered a case against bank official B. Prakash and lawmaker D.K. Suresh's PA Padmanabhaiah on the charge of exchanging Rs 10 lakh in demonetised currency on November 14, 2016.

The agency also alleged that to cover up this act, the accused prepared 250 fabricated requisition slips.

"During investigation, it was found that Rs 10 lakh were exchanged by Padmanabhaiah and he submitted photocopies of Voters IDs and driving licences without the knowledge of their owners to the bank official for enclosing them with requisition slips to cover up the unauthorised exchange," a CBI official said in Delhi.

The official said that the CBI searched two places in Bengaluru and three in Ramanagara district of Karnataka.

Padmanabhaiah allegedly printed about 120 copies of voter ID Cards in alleged connivance of certain election officials, which were later misused. The accused also made one Seshgiri and others to sign the fake requisition slips submitted in the bank.