STOCK MARKET BSE NSE

Those trying to convert black money won’t be spared: Shaktikanta Das

Delhi Police on November 23 seized over Rs 3.5 crore in high value demonetised currency notes from three persons in north Delhi's Kashmere Gate.

Published: 02nd December 2016 10:28 AM  |   Last Updated: 02nd December 2016 10:28 AM   |  A+A-

ShaktikantaDas

Economic Affairs Secretary Shaktikanta Das | File Photo

By ANI

NEW DELHI: Battling the opposition’s criticism on its sudden move to ban the big currency notes to check black or untaxed money, Economic Affairs Secretary Shaktikanta Das on Friday said the people who are indulging in or colluding with money laundering or converting black money into white will not be spared.

“Those indulging in or colluding with money laundering or converting black money into white will not be spared,” Das tweeted.

“Trails being pursued by agencies. Coordinated action underway. Result already visible. Will be more visible in coming days,” He said.

In the biggest seizure of cash in new currency post demonetisation, the Income Tax department on Thursday confiscated over Rs 4.7 crore during searches in a dozen premises in Bengaluru and other locations.

Also the Delhi Police on November 23 seized over Rs 3.5 crore in high value demonetised currency notes from three persons in north Delhi's Kashmere Gate.

On November 20, a man was detained on west Delhi's Tikri border while he was driving towards Haryana in a SUV with a bag containing Rs 49,96,000.

On November 18, Nazer-e-Alam, a resident of Gorakhpur, was arrested with Rs 96 lakh in old currency notes of Rs 1,000 denominations. He was carrying a bag with Rs 96 lakh and couldn't offer any satisfactory explanation for possessing such a huge amount of cash.

On November 17, police had seized 500 demonetised notes of Rs 1,000 denominations from an employee of a West Bengal-based firm, onboard Sealdah-Delhi Rajdhani train.

Police had detained a paediatrician with Rs 69,86,000 in Rs 100 denominations in central Delhi's Paharganj area on November 16. 



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.

IPL_2020
flipboard facebook twitter whatsapp