Wednesday, 26July2017

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Cops issue alert against suspicious bank transactions

GUWAHATI: Assam Police on Wednesday sounded an alert against 'suspicious' bank deposits after receiving intelligence inputs that militant outfits and criminal syndicates, believed to possess large amounts of unaccounted-for cash, might use various means to exchange the demonetized currency for new notes.

DGP Mukesh Sahay said the authorities of at least 14 banks, including the Reserve Bank of India (RBI), had been alerted.

Special DG (law and order) Kuladhar Saikia said, "Banks located along the Assam-Arunachal Pradesh and Assam-Nagaland borders are being scanned constantly. The bank authorities have been asked to alert us immediately in case of any suspicious transactions."

"They (militants and criminals) may deposit huge amounts in the name of educational institutes. Some may use middlemen, businessmen or contractors to deposit or exchange their old notes. So, we have instructed the banks to keep a sharp eye on the accounts," Saikia added.

The top officer warned that people who allow their accounts to be used for such unscrupulous activities would be booked with charges of funding terror.

Meanwhile, sharing information about the ongoing operation against Ulfa (Independent) rebels in upper Assam after militants recently killed three jawans of the Army's 15 Kumaon Regiment in Tinsukia district, Sahay said state police had sought for a coordinated effort from their counterparts in Arunachal and Nagaland. "The militants are coming from the neighbouring states and returning there after their strikes," he added.

The DGP also said Assam Police would raise five India Reserve Battalions (IRBn) in the state in which at least 4,000 people will be recruited.

Source:  http://timesofindia.indiatimes.com/city/guwahati/Cops-issue-alert-against-suspicious-bank-transactions/articleshow/55716418.cms