CBI arrests 3 postal officials for converting Rs36lakh of old to new notes in Himayathnagar

NEW DELHI,Nov29: CBI has booked three postal department officials, including a senior superintendent of Post, for allegedly converting old currency notes worth Rs 36 lakh with new ones without necessary documentation post demonetisation.

 The agency has registered a case of criminal conspiracy along with criminal breach of trust, falsification of accounts and provisions of Prevention of Corruption Act against K Sudheer Babu, senior superintendent of Post, Hyderabad, G Revathi, sub postmaster, Himayathnagar sub-post office and G Ravi Teja, working as office assistant at office of SSPOs and unknown other public servants and private persons.
 It is alleged that the accused in criminal conspiracy with other public servants and private persons abused their official position to fraudulently exchange Rs 36 lakhs in old notes of Rs 500 and 1,000 with the new currency notes of Rs 2,000 without genuine documents on November 12 which were meant for disbursement among genuine general public and thereby misappropriated the money.
 CBI sources said the agency had carried out a surprise check on post offices on November 24 based on “credible information” that alleged irregularities were being committed by postal officials in the conversion of currency notes at Himayathnagar sub-post office.