New Delhi, Nov 29th, 2016: The Central Bureau of Investigation (CBI) has booked three postal department employees, including a senior superintendent of Post, for allegedly exchanging old currency notes worth Rs 36 lakh with new ones without carrying out the necessary documentation post demonetisation.
The CBI has lodged a case of criminal conspiracy along with criminal breach of trust, falsification of accounts and provisions of Prevention of Corruption Act against K Sudheer Babu, senior superintendent of Post, Hyderabad, G Revathi, sub-postmaster, Himayathnagar sub-post office and G Ravi Teja, working as office assistant at office of SSPOs and unknown other public servants and private persons.
The agency believes they carried out the transaction for public servants as well as private individuals, though these have not been identified. Officials believe they took the old Rs 500 and Rs 1,000 notes and illegally gave out new Rs 2,000 notes meant for public disbursal on November 12, media reported. While being interrogated by the CBI, Babu admitted to exchanging the notes without the filing paperwork, Deccan Chronicle reported, quoting an official who was not identified.
The CBI had conducted a surprise check at the post office on November 24 based on information that there were irregularities in the exchange documents there. The three employees have been booked for criminal conspiracy, criminal misconduct, criminal breach of trust by public servants, cheating and falsification of books of accounts.