Delhi Police to change Rs 20 cr in old notes through 13 bank a/cs

Delhi Police to change Rs 20 cr in old notes through 13 bank a/cs
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The Delhi Police is going to open 13 bank accounts with a bank in the name of the DCP of each district in order to deposit scrapped demonetised currency amounting to several crores, seized by it.

While the deadline given by the Central Government for depositing the demonetised notes has passed, the Delhi Police has been granted permission by the concerned courts to carry on this exercise. Talking to The Pioneer on condition of anonymity, a senior police officer said old notes to the tune of Rs 20 crore  in denominations of Rs 500 and Rs 1,000 had to be deposited.

“This money is case property seized by the Delhi Police in several cases. It was kept in the Malkahna of all the police stations in Delhi. Generally, in most of the cases cash property is given back to the persons to whom it belongs. But after  demonetisation this cash had become junk,” the officer said.

Worried officials discussed the matter with the legal Cell. “The legal Cell directed us to open bank accounts with the RBI in the name of concerned district DCP. The Malkhana in-charge of each police station was asked to get a permission letter/order from the concerned Magistrate. All the Malkhana incharges moved separate pleas with the court which were allowed,” the source said.

The police official said that most of the currency seized as case property will now be deposited with the RBI and they will be given new notes.

Daily Pioneer
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