Saturday, April 19, 2025

CEO asks banks in Meghalaya to monitor poll-time transactions

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SHILLONG: Chief Electoral Officer of Meghalaya, Frederick Kharkongor on Friday  held a meeting with the convener of State Level Bankers Committee (SLBC) to ensure Election Commission of India’s instruction on monitoring of withdrawal from banks.

Following the announcement of poll dates by the Election Commission of India and the Model Code of Conduct is enforced; the CEO shared the guideline of the ECI which relates to the collection of information from the banks regarding suspicious transaction during electioneering.

The CEO told reporters that the banks need to share information with the District Election Officers or the Deputy Commissioners regarding suspicious cash transactions.

Unusual and suspicious cash withdrawal or deposit of cash in a bank account exceeding one lakh rupees during the process of election, without any such instance of deposit or withdrawal during the last two months, transfer of amounts by RTGS from one bank account to several other accounts in a district or constituency are some of several examples of suspicious cash transactions, he added.

Further, the CEO stated that DEOs of all districts have activated flying squads for necessary actions. They will be on the look-out and act on the tip-off from banks of suspicious transactions. The CEO added that the ECI will also deploy Expenditure Observers to each and every constituency.

 

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