CBI carries out raids at post offices in Hyderabad after irregularities

CBI officials obtained inputs about irregularities in post offices in terms of amount being accepted in old 500, 1000 rupee notes after demonetisation.

Simultaneous raids were conducted on as many as eight post offices in Hyderabad city.

CASH WORTH RS 40 LAKH SEIZED FROM HIMAYATNAGAR POST OFFICE

Reports suggest that during the raids, cash worth Rs 40 lakh was seized from Himayatnagar post office. The raids are going on at the General Post Office in Abids, Narayanguda, Chikkadpally and Himayatnagar areas. CBI officials interrogated the post office staff, inspecting their records and cash reserves relating to transactions since November 9.

CBI GOT COMPLAINTS ABOUT POST OFFICE STAFF

Sources say that the CBI has received complaints that some post office staff are allegedly exchanging the demonetised high-currency notes illegally. The sleuths are also verifying certain savings accounts, where a huge amount of money has been deposited post the demonetisation announcement.