IAF transported 604 tonnes currency notes post demonetisation: Subhash Bhamre quoting : "The Economic Times"

NEW DELHI: The Delhi Police on Tuesday recovered Rs 4.23 crore in scrapped currency notes from the office of a Janakpuri businessman , who was allegedly involved in illegal currency exchange Anil Jain (35), who runs a chit-fund company , has been detained from the Janakpuri area, police said.The Crime Branch conducted a raid on the businessman's office today and recovered Rs 4.23 crore.It has been found that the money belongs to some hawala operators and the Income Tax department will conduct further inquiry, police said.The inter-state cell of Crime Branch received a tip-off that some persons are getting old currency exchanged after charging 50 per cent commission.Jain runs a chit fund company, the police said.Sources said crime branch officials intercepted some phone calls where the caller was allegedly striking a deal with hawala operators and asking them to exchange his money on commission.Jain was charging 50 per cent commission for the exchange of notes, they said.The businessman had "hired" a cash-van to take the money for exchange today and while he was about to board the vehicle he was nabbed, they said.The Income Tax Department and a Crime Branch team jointly interrogated him and he has been taken into custody by the IT department.

referring to
IAF transported 604 tonnes currency notes post demonetisation: Subhash Bhamre
NEW DELHI: A total of 604 tonnes of currency notes was transported by the Indian Air Force in 33 sorties across the country after the government's decision to demonetise high-value notes last year.Minister of State for Defence Subhash Bhamre , giving the details in Rajya Sabha, said that the government had tasked IAF to transport the currency notes and accordingly it carried out the exercise.He said no IAF aircraft flew abroad for the purpose and charges for transporting the currency notes to various parts of the country are assessed and realised from agencies concerned.To a separate question, he said the government has accepted the recommendation of an expert group to set up an aerospace university.A detailed project report on establishing the university has already been approved by the state-run aerospace major Hindustan Aeronautics Ltd.On death of a jawan, who had figured in a sting operation by a news website criticising the 'sahayak' system, Bhamre said as per the post mortem report the cause of death is "asphyxia due to hanging".The body of Roy Mathew, who was from Kerala, was found hanging in unoccupied quarters in Maharastra's Devlali cantonment earlier this month.Replying to another query, Bhamre said complaints of illegal transfer of defence land in cantonment areas were received from time to time and appropriate action was taken.He said defence land across the country has been surveyed by Defence Estates Officers to prevent illegal occupation.

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collected by :John Miller

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