Bank officials Booked For Helping Traders deposit Crores  

The Central Bureau of Investigation has registered a case against branch manager , a senior manager, both working in Bank of India, Ghoddod Road, Branch, Surat (Gujarat); a proprietor of Surat-based private firm and others. Another case was registered against Surat-based private firm, others and officials of the Surat Peoples Co-op Bank, Main Branch, Surat.

In the first case, it was alleged that the accused entered into criminal conspiracy and committed forgery in the bank account opening of a firm at Surat and deposited Rs.24.35 crores in the account after November 8, the day when demonetisation came into effect.

In the other case, it was alleged that the accused committed forgery while opening bank account for a private firm and deposited Rs .36.17 crore after demonetisaton. It was further alleged that in both cases, the cash deposits made were further transferred to accounts of co-accused by way of RTGS transfers.

Searches were conducted on Tuesday in both the cases at 13 places including Surat. Further investigation is on.