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JK Bank’s Kishtwar branch serves elderly customer with fake notes
8/26/2009 12:38:05 AM
Early Times Report

Kishtwar, Aug 25: While a case of dacoity from local branch of Jammu and Kashmir Bank is yet to be worked out even two months after over Rs 1.5 Crore were taken away, an elderly customer was today served with fake notes –is there something wrong with the Kishtwar branch?

In spite of best efforts to sway fake currency which is being pumped in the remote areas of Jammu with great pace, police have so far failed to accomplish the task even as the complicity of bank officials is going unchecked.

The matter of fact can be gauged with the recent incidents of the arrest of security and other government officers. As per intelligence agencies pumping fake currency in India is new tactics of militants to sabotage the economy of India. The fake currency is reached in mountainous districts via Srithangal road from Ananatnag.

Barely a day after the arrest of the two Territorial Army personnel in Poonch with fake currency of Rs 1.7 lakh another fake currency racket is busted by Kishtwar police when a 75 years old after withdrawing Rs 50000 from J&K bank branch Kishtwar went to State Bank of India to deposit the same. One Agaya Ram son of Jagat Ram of 70 years old resident of Taabut Kishtwar withdrew Rs 50000 from J&K bank and went to State Bank of India to deposit the same amount where cashier found Rs 10,000 fake. SP Kishtwar Dr Hasib Mugal informed that Agaya Ram wanted to fix amount in the SBI to avail more interest where while counting the amount cashier of the bank found Rs 10,000 fake.

He further said that bank employees are under scanner besides cash and other documents have been seized as a part of investigation. Cashier informed the matter to the general manager of the bank who in turned informed the police.

SHO Kishtwar Devender Singh was instructed to reach on the spot and investigate the matter. During questioning old man narrated the whole episode. On his disclosure police party conducted raid in the J&K bank and lifted the cashier of the bank identified as Ghulam Hassan son of Mohd Rishi resident of Chatru. Bank manager admitted that the same amount was withdrawn from the bank. The 20 notes of Rs 500 each were mixed with other notes for easy pumping. Police have seized the cash brought from Treasury and scrutinize other bank documents to ascertain the fact whether bank employees are involved in the racket. Pertinent to mention here that it is the same branch of J&K bank from where Rs 80 lakh was stolen and it is the 4th time when fake currency of Rs 10,000 was withdrawn.






















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