The Central Bureau of Investigation (CBI) on Wednesday said the Central government's last year decision to cease the legal tender of currency notes in the denomination of Rs 500 and Rs 1000, significantly aided in the national agency's anti-corruption drive, leading to arrests of several corrupt individuals and officials, apart from seizure of a large amount of unaccounted money.
CBI Director Alok Kumar Verma had given top priority to the cases related to demonetisation. and had directed his officers, as well as the teams probing these cases, to complete investigation in a time-bound manner, ensuring that all those guilty of malpractices, be brought to the book, at the earliest.
A CBI spokesperson said around Rs 395.19 crore was recovered from 84 cases. A big chunk of the seized money came from the states of Maharashtra and Gujarat, where several co-operative banks were found involved in illegal exchange of old currency notes. These included two cases from Gandhinagar, involving around Rs 62.02 crore, followed by Mumbai (2) involving around Rs 84 crore and Bengaluru (3) around Rs 8.47 crore.