Nation Current Affairs 23 Nov 2016 Police seize 2,000-r ...

Police seize 2,000-rupee notes worth 10 lakh from Gujarat family

DECCAN CHRONICLE
Published Nov 23, 2016, 3:28 pm IST
Updated Nov 23, 2016, 3:35 pm IST
The car belonged to a family, which claimed the cash was withdrawn from different bank accounts for a wedding.
A family from Gujarat’s Ahmedabad drew the attention of police after they 'withdrew' Rs 12.4 lakhs. (Photo: PTI/Representational)
 A family from Gujarat’s Ahmedabad drew the attention of police after they 'withdrew' Rs 12.4 lakhs. (Photo: PTI/Representational)

Ahmedabad: A family from Gujarat’s Ahmedabad drew the attention of police after they 'withdrew' Rs 12.4 lakhs, mostly in newly-introduced Rs 2000 denomination notes, despite restrictions on cash withdrawal limit.

According to a report in NDTV, the notes were found by police when they stopped a car in which three members of a family were travelling.

 

The family claimed that they had withdrawn the cash from different bank accounts for wedding expenses. However, police seized the money when the family members failed to prove that the money was meant for a marriage ceremony.

The Gujarat police handed over the cash to tax officials.

The Centre had on Tuesday announced that people can withdrawal cash up to Rs 2.5 lakhs for to make payments for wedding.

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Location: India, Gujarat, Ahmedabad




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