CBI registers 7 cases for illegal deposits of Rs 200 crore

Ahmedabad Nov 10: The CBI after Investigation of demonetisation has registered cases 7 cases for illegal deposits of approximately Rs 200 crore in various private and co-operative banks across Gujarat.

CBI has said that cases were registered against Kishore Bhajiyawala a finance trader in Gujarat and he used 56 fake bank accounts to deposit the old currency in Surat Peoples Co-operative Bank's Udhna branch.

Sources said that Cases were also registered against Axis bank as the agency had detected illegal deposits of old currency notes worth over Rs 100 crore.

The CBI had also booked the two accused who were bank Officials of UCO bank in Ahmedabad.some post office officials were are also booked by the central agencies for cases relating to illegal deposits after demonetization.

CBI officials said the other important cases include deposits of more than Rs 60.52 crore in Godh Dod Road Branch of Bank Of India and Surat People's Cooperative Bank in Surat.