Karnataka: ED seizes Rs 93 lakh in new currency notes, seven arrested

[Kool_SRG]

Bengaluru Police today arrested seven people including a hawala operator for converting black money into new Rs 2,000 notes.

More than Rs 250 crore in newly introduced currency notes after demonetisation has reportedly been confiscated in multiple raids

 

Enforcement Directorate (ED) officials on Tuesday seized Rs 93 lakh in new currency notes from seven middlemen in Karnataka. According to a report by ANI, the ED officials presented themselves as customers to the middlemen and managed to lure them into a trap. This new seizure by ED adds to the series of similar confiscations been made recently throughout the country, revealing an illegal money currency exchange mechanism between black money holders and senior bank employees.

The reports also suggest that the middlemen had links with bank managers and they were allegedly taking 15 to 35 per cent commission for exchange of notes. Further investigation is being carried out to identify those to whom the money belonged and the bank officials involved in this.

More than Rs 250 crore in newly introduced currency notes after demonetisation has reportedly been confiscated in multiple raids carried out in different parts of the country in past one month. The Home Ministry has also taken cognizance of the matter and conveyed to the banks that is is closely monitoring the situation.

The present dispensation led by Prime Minister Narendra Modi has drawn a lot of flak from Opposition parties for their alleged lack of preparation ahead of the demonetisation move, which has caused long queues outside banks and ATM kiosks.

 

 

 

[nandananditha]

sandhya koduklani public ga eraga kotali

[kiladi bullodu]

denmmmgaaa inka public lo revolt start avthundhi almost peekala daaka undhi 

[Luke]

[nandananditha]

18 minutes ago, kiladi bullodu said:

denmmmgaaa inka public lo revolt start avthundhi almost peekala daaka undhi 

raka poina teche la unav towns bane unaru 

[TampaChinnodu]

1000 lo okkati bayata paduthundi. Aa okkadu kooda connections use chesi bayata padathadu future lo ippudu cases pettina

Modi ki manchi intention vunna ee corrupt administration including bankers and gold shop owners will make this effort go waste.

[nandananditha]

9 minutes ago, TampaChinnodu said:

1000 lo okkati bayata paduthundi. Aa okkadu kooda connections use chesi bayata padathadu future lo ippudu cases pettina

Modi ki manchi intention vunna ee corrupt administration including bankers and gold shop owners will make this effort go waste.

modi thatha yedo  serious ga rod pedathadu ani talk anduke limited notes validladu ani

[TampaChinnodu]

1 minute ago, nandananditha said:

modi thatha yedo  serious ga rod pedathadu ani talk anduke limited notes validladu ani

Inkem rod vuntadi. May be 2000rs kooda ban anatam thappa.

[kiladi bullodu]

kompadisi 2000 rupee note lo nijamga tracker unda endi

 

[TampaChinnodu]

1 minute ago, kiladi bullodu said:

kompadisi 2000 rupee note lo nijamga tracker unda endi

 

Trackers ki jammers pettatam entha sepu man. China vaadu 100rs ki chesi isthadu signal jammer ni.

[nandananditha]

 

modi thatha ado rakam , anukunadhi sestadu , addu vasthe iraga testadu, gujarat lo 1000 days lo electrify seyali anadu seyinchadu

 

ma uncle electricity board lo sestadu he tolded  next 2 years lo 24*7 power all over india no more a dream anta