RBI Support to CBI and ED Officials to Catch Black Money Holders
Even after 5 weeks of demonetization people are suffering for getting money from banks and ATMs while the number of black money holders exposed are increasing day by day. With this CBI is keeping an eagle eye on the transactions of the banks while co-operating with ED officials in catching the Black money holders. In this regard CBI ordered all the banks to submit CCTV footage of banks upto 30th December starting from the day after the announcement of demonetization. RBI gave orders to all the Banks to co-operate in the ED investigations with regard to the availability of huge amounts of new currency with the launderers. RBI has also suggested people to use the new currency and bring it into circulation. Police are also arresting the people indulged in money laundering.
Wed, Dec 14, 2016, 11:46 AM
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