News APP

NewsApp (Free)

Read news as it happens
Download NewsApp
Home  » News » Three Currency Note Press employees suspended

Three Currency Note Press employees suspended

Source: PTI
November 30, 2003 21:14 IST
Get Rediff News in your Inbox:

Three Currency Note Press employees, including a store department officer, were suspended in connection with the fake stamp paper racket, sources said in Nashik on Sunday.

The action came after a 10-ream water-mark paper, used to print currency notes, was found missing, CNP sources said. The incident came to light on January 13, 2002 during the tenure of then CNP General Manager V K Jain, who brought it to the notice of the Mazdoor Sangh and new General Manger Arun Ingale, who in turn informed the Union Finance Ministry.

Also Read


The Fake Stamp Paper Racket


A three-member committee, headed by Joint Secretary of Devas Press P K Sharma, probed the matter and submitted its report on October 18 to the ministry. Ingale served the suspension orders to the employees after returning from Delhi on Saturday.

With this the total number of suspensions in both Indian Security Press and CNP in connection with the racket have gone up to seven.

Authorities are searching for the missing water-mark paper.
Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.