Entertainment » OtherPosted at: May 15 2016 11:59AM Committee to submit verfication report on seizure of cash of Rs 570 crore in TNChennai, May 15 (UNI) The Multi-disciplinary Commitee constitued by District Election Officer and Tiruppur Collector over Interception of containers carrying cash allegedly amounting to Rs 570 crore and claimed as belonging to SBI will complete its verification and place the report before election observers later in the day. The Committee comprising of Income Tax (Investigation), senior bank and State Government officials were under the supervision of senior General Observers, Police Observer and Expenditure Observers. The Reserve Bank of India is also being consulted in this regard, an official statement here said. Meanwhile, considering the quantum of cash involved, the Election Commission of India has instructed that the vehicles must be kept properly cordoned/ fenced and public should not be allowed access near close vicinity, that the area should be kept well-lit and if required, Tamil Nadu Electricity Board should be alerted against any power-cut. The Three containers were taken to Tirupur Collectorate and personnel of paramilitary forces were posted to guard the vehicles, Generator set must be kept ready as standby. Further, the place should be kept under CCTV monitoring and all action taken near the vehicles must be video graphed. Also, all operations must be carried out in transparent and secure manner and the Expenditure Observers shall supervise the entire premises, the statement said. On May 13 the Static Surveillance Team-1 officer .Vijayakumar of 113 Tiruppur (North) Assembly Constituency, while on rounds on the National Highway from Salem – Cochin, intercepted 3 innova cars and three containers at Chengapalli in Uthukuli Taluk at 0000 hours. Three vehicles did not halt when directed by the Static Surveillance Team. The vehicles were followed up and intercepted when they were filling fuel in a petrol bunk. The security officers accompanying the vehicles who belonged to Andhra Pradesh were not in uniform, the documents submitted did not have the vehicle numbers of the container lorry and the date mentioned in the invoice also did not match. State Bank of India (SBI), Coimbatore has informed the authorities that the money is their property and the same was being transferred from Coimbatore to Vishakhapatnam. However, since the vehicles contain large amount of cash with unsatisfactory documentation, the same were brought to safe custody for further investigation, the statement said. Reports quoting the Election Commission of India said the confiscated amount was 'suspect cash'. MORE UNI CS CJTags: #Committee to submit verfication report on seizure of cash of Rs 570 crore in TN