Demonetisation: DTC officials under scanner for large deposits, govt orders probe

Sources said some depot managers are being questioned and could be suspended.

By: Express News Service | New Delhi | Published:November 24, 2016 12:25 am
demonetisation, demonetisation probes, demonetisation delhi, dtc, dtc workers being probed, dtc buses, delhi news Delhi Transport Minister Satyendar Jain ordered the chairman-cum-managing director of the DTC to conduct a detailed inquiry.

Transport Minister Satyendar Jain Wednesday ordered a probe into allegations that some Delhi Transport Corporation (DTC) officials have been depositing large amounts of demonetised currency as bus fare in banks.

Jain ordered the chairman-cum-managing director of the DTC to conduct a detailed inquiry. It is alleged that some officers in the DTC have been exchanging their own Rs 500 and Rs 1,000 notes against smaller value notes collected from passengers as fare before making the bank deposits.

“A probe is being conducted by the vigilance department of the DTC across all depots,” a DTC official said on condition of anonymity.

Sources said some depot managers are being questioned and could be suspended. Jain, in his order, asked the CMD to initiate “a detailed inquiry… into the matter and initiate criminal/departmental action as deemed fit against such delinquent officers/officials”.

A senior DTC official said, “Fare from the two shifts is collected at the end of the day in each depot and deposited the following day in Syndicate bank outlets in each depot. It was found over the last week that lots of the money deposited in the bank outlets was in old notes of Rs 500 and Rs 1,000 denominations, which drew suspicion because passengers usually pay amounts as small as Rs 5 and Rs 10 for bus tickets.”

“It was suspected that some officials were clearing their personal stash of black money by replacing small denomination currency with their demonetised currency at the end of each day. All 43 depots earn around Rs 4 crore each day,” the official said.

“A complaint has been received that some officials in the DTC are interchanging the demonetised notes of Rs 500 and Rs 1,000 against the smaller denominations notes collected from the passengers as fare by the DTC and depositing the same with the banks,” Jain wrote in his order.

He also mentioned that he had informed the DTC about the probe three days ago over the phone. Delhi BJP president Satish Upadhyay had written to L-G Najeeb Jung around the same time, alleging corruption in the DTC.