IT raid on Noida Axis Bank branch reveals 20 fake accounts with deposits of Rs. 60 crore
Noida (Uttar Pradesh) [India], Dec. 15 (ANI): With raids being conducted all across the country in the wake of the curbs on the flow of black money post demonetisation, an amount worth Rs. 60 crore was found to have been deposited in 20 fake accounts in an Axis Bank branch in Noida on Thursday.
It may be recalled that the Enforcement Directorate had arrested two bank managers of the Axis Bank branch in Kashmiri Gate for seeking to exchange or siphon off Rs 3.5 crore new currency notes.
On December 9, a raid on the Chandni Chowk branch of a bank, revealed 15 fake accounts with over Rs. 450 crores in deposits.
The Enforcement Directorate (ED) has so far carried out raids on 50 branches of 10 banks across the nation in an attempt to keep a tab on those account holders, who deposited huge amounts at one time. (ANI)