Hyderabad: CBI books staff of Khairatabad head post office

Hyderabad: CBI has registered a case against staff from the Khairatabad head post office for “fraudulently exchanging” Rs 64.97 lakh of demonetised notes with new Rs 500 and Rs 2,000 notes from November 10 -December 31 period through abuse of official powers. Officials said the issue came to light in surprise checks by the CBI post-demonetisation.

The CBI identified eight accused — the main treasurer M. Mahesh and seven other staff members. It was found that all the accused along with a few unknown persons had exchanged demonetised currency in huge quantities without filling up forms.  Case has been registered.