STOCK MARKET BSE NSE

Bihar polls: Over Rs 14 Crore Cash Seized so far

The amount is more than double the amount confiscated in the state during Lok Sabha polls last year.

Published: 03rd October 2015 09:02 PM  |   Last Updated: 03rd October 2015 09:03 PM   |  A+A-

Cash_reuters

The rupee resumed lower at 66.41 as against the last weekend's level of 65.76 at the Interbank Foreign Exchange market and dropped further to 66.50 before finishing at 66.44 per dollar. | (File/Reuters)

By PTI

NEW DELHI: Election Commission's drive in poll-bound Bihar to curb misuse of money power has so far yielded over Rs 14 crore in cash.

The amount is more than double the amount confiscated in the state during Lok Sabha polls last year. EC sources said here that till this morning, Rs 14.46 crore cash was seized. Besides, the authorities also seized Rs 61.17 lakh of foreign currency, Rs 58.12 lakh of Nepalese Rupee and Rs 16.26 lakh worth of fake Indian currency notes.

During the 2014 Lok Sabha polls, the authorities had seized Rs 6 crore cash from Bihar, which was believed to be meant to influence voters.

Candidates in Bihar have been asked to open a separate bank account and incur their poll-related expenses from it, to ensure greater transparency and ease of monitoring of election expenses.

The investigation directorate of the Income Tax department has been asked to open air intelligence units at airports of these states and also to gather intelligence and take necessary action against movement of large sum of money in the state.

Bihar Assembly polls will be held in five phases on October 12, 16, 28, November 1 and 5. Counting of votes will take place on November 8.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

edexworks
flipboard facebook twitter whatsapp