Police probe suspicious transactions in Jan Dhan accounts post note ban in OdishaIllegal transaction of lakhs of rupees in Jan Dhan accounts after demonetization to convert black money into white has come under the scanner of Odisha police.
Illegal transaction of lakhs of rupees in Jan Dhan accounts after demonetization to convert black money into white has come under the scanner of Odisha police.
Police said that they are investigating repeated deposits and withdrawal of large amounts of money in such accounts of around 13 members of a Self-Help Group (SHG) here.
The account holders of Gopinathpur branch of a bank claim that they have not operated their accounts even once after the accounts were opened last year.
"We are investigating the matter. If any cognizable offence is established, then appropriate criminal prosecutions will be initiated," city DCP Sanjiv Arrora said.
If any revenue or financial mismanagement is established, then appropriate agencies would be intimated, he said.
The members of Tulasi SHG said they had opened the Jan Dhan accounts in order to avail loans if any, in future. But they were surprised to notice that heavy transactions had been made in their accounts after the demonetisation of higher denominations was announced in November.
Although such bogus transactions in the Jan Dhan accounts were brought to the notice of the bank officials, they appeared indifferent, some of the account holders
Senior officials of the bank were not immediately available for comment.