Re: [IAC#RG] Hindustan Times Report

Following news appeared in HT on the
web today. In fact when the news started coming within a
few
days of demonetisation of seizures of large amounts up to
many crores of new currency, it looked evident that such
huge leakage could not take place in branches of Banks but
looked to be from currency Printing presses, R Bank or the
transportation agencies and I mentioned that to some of my
friends. It is surprising that it has dawned on the Govt
agencies only now  and after 2 months of these going on's
they are now thinking of 'plugging the loop holes'. As
influential politicians, bureaucrats, business people got
the currency unhindered as per their wish when Aam Admi
was waiting in the Q's, we wonder if this could have been
possible without the blessings of powerful politicians and
bureaucrats.

"Home delivery' of new banknotes from mint under I-T
lens"
            Hindustan Times 29 minutes ago
"Income tax and intelligence officials have launched an
investigation to see if an organised racket "virtually
home delivered" new banknotes from government presses or
the central bank to people within days of Prime Minister
Narendra Modi scrapping high-value bills.

The probe was ordered after income tax officials held a
man
last month from a south Delhi market with Rs 20 lakh in
new
2000-rupee bills that were packed and bore the seals of
two
government currency presses in Maharashtra and West
Bengal.

The man, identified as Krishna Kumar, was probably a
courier
who was waiting at a Greater Kailash-I M Block market on
December 15 to deliver the money when tax officials
arrived.
They had been tipped off by the intelligence bureau,
government sources involved in the investigation told
Hindustan Times.

Two senior officials of income tax and intelligence bureau
told Hindustan Times that this was the first instance of
cash bearing seals of government printing presses finding
its way to the public.

"We need to ascertain where the leak came from. If the
printing press or the RBI chest is compromised those
loopholes need to be plugged. HT accessed the RBI's
response to intelligence bureau on the recovered cash:
"these mini packs were printed at Salboni and Nasik
presses."


R.N.Malhotra