BENGALURU: The Central Bureau of Investigation (CBI) has filed an FIR against businessman K C Veerendra, officials of several banks and others in connection with a recent case where D5.76 crore in new notes were seized by Income Tax department officials.
According to the FIR filed by the CBI, the accused, in connivance with officials of several banks, forged identity papers to make the transactions seem legitimate.The accused include K C Veerendra, Thippeswamy and Venkatesh; all hailing from Challakere taluk in Chitradurga, unknown officials of SBI, SBM, ICICI, Kotak Mahindra and other public and private sector banks. This is the fourth FIR registered by the CBI, Bengaluru, in connection with bank fraud cases, post-demonetisation.
The FIR stated the accused along with other middlemen and agents, “have dishonestly and fraudulently facilitated exchange of D5.76 crore of demonetised currency notes...”
It added that the accused falsified accounts of their bank on the basis of forged and fabricated documents of identity and address proof in the name of several individuals. This was done to give an impression that the new currency notes were exchanged with general public through bank counters and ATMs.
“Unknown officials of SBI, SBM, ICICI, Kotak Mahindra” and other banks exchanged D5.76 crore worth demonetised old currencies to new notes, between November and December. The money was exchanged through Thippeswamy and Venkatesh, the other accused in the case, the FIR added.
Accused are being questioned for more details on such illegal transactions.