As per sources, between November 10 and 13, a total of 46,640 such accounts in 15 branches allegedly saw a cumulative deposit of Rs 58.21 crore. (representative image; source: AP)
Senior IT officials raided the main branch of Raiganj Central Cooperative Bank on Friday night, asking details of accounts in which more than Rs 2.5 lakh each was deposited after the demonetisation drive was announced by the union government. As per sources, between November 10 and 13, a total of 46,640 such accounts in 15 branches allegedly saw a cumulative deposit of Rs 58.21 crore.
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Officials of the IT department’s Jalpaiguri division visited the main branch after receiving “specific information”. Bank officials said the department has already submitted details of half the accounts in which Rs 2.5 lakh or more was deposited over the past week. The CEO was present at the main branch when the documents were being checked.
“We will provide the details about the remaining accounts shortly. All the papers are ready,” said a bank official. “This raises serious questions about how such a massive amount can be deposited in the bank after the announcement. It also raises questions as customers of the bank are primarily farmers and labourers.”
The Income Tax department has started a thorough probe into the matter, examining transactions that have been made over the past few days and investigating if back-dated entries were made.
