Bank staff helped cashier in Jaipur note exchange: CBI

JAIPUR: It was not only the head cashier of district collectorate, Dausa situated branch of State Bank of Bikaner and Jaipur (SBBJ) who allegedly exchanged older currency notes with the newly introduced currency, but many other staff members too connived him in this crime.
The bank branch had exchanged nearly Rs 8.01 crore money of older denomination of Rs 500 and Rs 1000 with fresh currency notes. This was revealed by the sleuths of CBI, Jaipur investigating the case on Tuesday and said that bank staff was exchanging the money for a commission varying from 10 percent to 15 percent.
CBI in the so far investigation has also identified a few others who connived with the accused Yogendra Meena, the head cashier of the bank branch.
The head cashier identified as Yogendra Meena was earlier suspended on November, 30 while he was allegedly found exchanging scrapped notes of Rs 500 and Rs 1000. The matter came to the notice of Dausa police on November, 28 and the very next day CBI too its investigations.
In the so far interrogation of the accused CBI, Jaipur has been able to find various facts and incriminating evidences against this nexus of exchanging older currency notes with newer ones with a promised commission of 10 to 15 percent.
“He had joined banking services in 2011 and is a son of a retired IAS officer Sreeram Meena. It appears that he was not alone in this malpractice as we believe other bank officers were also part of the nexus. Post demonetization since November, 9 from this bank an exchange of Rs 8.01 crore was done and the bank officers including Meena were taking a commission very from 10 percent to 15 percent,” said a senior officer of CBI on the condition of anonymity.
CBI sources further stated that the bank staff including Meena used to publicize that bank was closed on particular day and from backdoor entry they were entertaining people of their acquaintances to exchange money. We have handy documents to prove the crime and the accused is cooperating in the so far investigations.
We have also registered a case against Yogendra Meena and other staff of the bank under sections 420(Cheating), 409(criminal breach of trust by a public servant) and 120-B(Criminal conspiracy) of IPC and also against 13(2) and 13(1)(D) of Prevention of Corruption Act.