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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.
(Sourced from agencies, feature image courtesy:oneindia.com)
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