Demonetisation: CBI registers case against railway official in Mumbai for currency exchange

On Friday evening, a case was registered against K L Bhoyar, Assistant Commercial Manager, Central Railway, Chhatrapati Shivaji Terminus.

By: Express News Service | Mumbai | Published:December 18, 2016 12:54 am

A day after Central Bureau of Investigation (CBI) registered a case against a senior Central Railway official for allegedly exchanging demonestised currency notes with new ones, railway officials said decision on suspending the official would be taken only after the outcome of the investigation is known.

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“We are equally shocked by the incident. However, until charges against him are proven, we would not be able to comment. Also, if investigation by CBI confirms the act, action against him can be taken, which in this case would be a detailed investigation by railways and suspension,” a senior railway official said.

On Friday evening, a case was registered against K L Bhoyar, Assistant Commercial Manager, Central Railway, Chhatrapati Shivaji Terminus (CST), Mumbai. According to the CBI, Bhoyar indulged in exchanging the demonetised currency notes worth Rs 8.22 lakh with new currency notes of Rs 2,000 and legal tender of Rs 100 notes at the booking counters at CST, Kalyan and Thane.

“CBI registered a case against Bhoyar for offences punishable U/S 13(2) r/w 13 (1) (d) of PC Act while working as Asst Commercial Manager, Central Railway, CST, Mumbai. We registered a case against him on Friday evening after an internal complaint. Searches are being conducted today,” said Devpreet, official spokesperson, CBI. Bhoyar remained unavailable for comment.

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