That’s the way, our Indian banking and political systems are possessed with plenty of visible loopholes. Here is biggest haul of new cash after demonetization seized by tax men in Bengaluru when Government engineers Jayachandra and TN Chikkarayappa exchanged black money of Rs.5.7 Crores with new currency notes in Rs.2000 denomination.
As per official news, IT sleuths have also found Lamborghini, Volvo, MV Agusta, Ducati 749, luxury apartments, gold along with Rs.5.7 Crores currency of brand new Rs.2000 notes hidden inside a mattress on bed.
When common people are suffering with severe shortage of valid currency notes standing in long queues at banks, stacks of new notes on a bed is unusual sight. Income Tax department officials are shocked with these notes and are suspecting the manager of a cooperative bank to have helped them with new notes on commission basis. Is suspension alone and legal trials are enough punishments for them?