HomeNewsTrendsCurrent AffairsOld notes still being exchanged, says Cong, demands CBI probe

Old notes still being exchanged, says Cong, demands CBI probe

Congress today demanded a CBI probe into recent seizures of demonetised currency in various parts of Maharashtra, saying it showed that illegal exchange of old currency was still going on.

March 03, 2017 / 22:08 IST

Congress today demanded a CBI probe into recent seizures of demonetised currency in various parts of Maharashtra, saying it showed that illegal exchange of old currency was still going on.

In a letter to the Maharashtra Chief Minister Devendra Fadnavis, state Congress spokesperson Sachin Sawant said that scrapped notes worth Rs 2.25 crore were recovered in Thane, while in Pimpri Rs 1.36 crore in scrapped notes were seized.

Though the Union Government had banned the possession of demonetised currency, these seizures showed that illegal exchange was going on, Sawant said.

"The recent incidents show that old notes are being exchanged for a commission and it proves our allegation that demonetisation was a big scam involving the government and the RBI officials," he said, demanding a CBI probe.

first published: Mar 3, 2017 09:40 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347