CBI will be investigating in more than 2000 bank accounts of State Bank of India, Bareilly branch. The matter for the investigation is, these banks accounts were opened post-demonetization that is 8th November till 31st December. It is assumed that these accounts have been opened to channelize the black money of people. Approximately INR 8 Crore was deposited to these accounts in the form of old notes.
CBI has registered FIR against such cases and also against unidentified bank officials, unidentified persons and unidentified criminal conspiracy, corruption and cheating.
On January 2, CBI conducted a surprise checking in State Bank of India, Bareilly, Uttar Pradesh. During this, CBI detected the huge amount of cash deposits in newly opened accounts. The bank accounts were opened after the announcement of note ban on 8th of November 2016. It was also observed that dormant accounts were also activated soon after the demonetization. During the process, CBI found 2,441 newly opened accounts by bank officials between the time frame of 8th November to 31st December. Out of 2,441 accounts, 667 were savings accounts, 94 were Jan Dhan Accounts, 53 were current accounts, 50 were PPF, 1518 as Fixed Deposits, 13 as Festival accounts and 2 accounts as of senior citizens and lastly 1 account as a government account.
On Sunday, CBI carried it search in the locations of Chandigarh and Mohali. Punjab National Bank has registered a complaint against a company(Kudos Chemie Limited) for allegedly cheating the bank of amount INR 1,301 Crores. Further CBI accused the directors of the company.
The examining team also found that, there were 794 cases where during the demonetization process cash transaction of over 1lakh took place.