Punjab

Banks directed to furnish information of suspicious transactions, if any

Punjab Tribune Bureau | January 11, 2022 06:37 PM

Additional deputy commissioner holds meetings with bankers, apprises with ECI guidelines

Withdrawal/deposit exceeding Rs. 1 lakh to be reported

 

 JALANDHAR: With a view to getting information of suspicious transactions as per the guidelines of the Election Commission of India, the District Administration on Tuesday directed the bank officers to provide details of suspicious transactions during elections. 

           

On the directions of Deputy Commissioner-cum-District Election Officer Ghanshyam Thori, the Additional Deputy Commissioner (G) Amarjit Bains has held a meeting with the bank officers to apprise them about the instructions of the ECI. The ADC asked them to report of unusal and suspicious cash withdrawal or deposit of cash in account exceeding Rs.1 lakh during process of election, without any such instance of deposit or withdrawal during the last two months.

           

Asking them for strict compliance of the ECI directions, the ADC (G)  said that unusual transfer of amount by RTGS from one bank account to the accounts of several persons in a district/constituency during the poll process without any precedent of such transfer. Any deposit of cash or withdrawal of cash exceeding Rs. 1 lakh from bank account  of candidates or spouses or his dependents, as mentioned in the affidavit filed by candidates, which is available in the CEO's website, he added. Any withdrawal of cash and deposit of cash exceeding Rs. 1 lakh in the account of political party during the election process besides any other suspicious cash transactions, which might be used for bribing the elections, should be reported, he added. 

   

        

The information on cash deposit or withdrawals of more than Rs. 10 lakh is also to be reported for onward submission to the nodal officers of income tax department for necessary action under income tax law, said the ADC adding that all said instructions will be circulated to all branches of banks in Jalandhar district so that necessary compliance could be ensured.

           

LDM Jai Bhushan and Manager Canara Bank Jagdish Kumar were also present.

Have something to say? Post your comment
Must Read
Covid-19: Enhance daily vaccination to 20,000 doses-DC to health teams
Covid-19: Enhance daily vaccination to 20,000 doses-DC to health teams
FIR against Samajwadi Party under Section 144 over Epidemic Act Violation
FIR against Samajwadi Party under Section 144 over Epidemic Act Violation
PM Modi to interact virtually with Startups to boost ecosystem in the country on January 15
PM Modi to interact virtually with Startups to boost ecosystem in the country on January 15
Senior Congress leader Joginder Singh Mann quits party, likely to join AAP
Senior Congress leader Joginder Singh Mann quits party, likely to join AAP
NDTV senior journalist Kamal Khan passes away due to a heart attack at 62
NDTV senior journalist Kamal Khan passes away due to a heart attack at 62
Budget Session of Parliament to be held from Jan 31 to Apr 8: report
Budget Session of Parliament to be held from Jan 31 to Apr 8: report
3 to 4 more MLAs likely to resign from BJP and join SP, claims Minister Marya who left Yogi cabinet
3 to 4 more MLAs likely to resign from BJP and join SP, claims Minister Marya who left Yogi cabinet
India records over 2.64 lakh new Covid-19 cases, 315 deaths in last 24 hrs
India records over 2.64 lakh new Covid-19 cases, 315 deaths in last 24 hrs
1881 service voters in district, cast votes through ETPBS
1881 service voters in district, cast votes through ETPBS
Kohli family quits Akali Dal (Badal) and joined Aam Aadmi Party
Kohli family quits Akali Dal (Badal) and joined Aam Aadmi Party
AAP issued numbers on public opinion to decide CM face in Punjab
AAP issued numbers on public opinion to decide CM face in Punjab
UP assembly polls: Congress releases first list of 125 candidates, 50 of them women
UP assembly polls: Congress releases first list of 125 candidates, 50 of them women