Monday, May 20, 2024
spot_img

Lucknow administration asks banks to inform about transactions above permitted limit

Date:

Share post:

spot_img
spot_img

Shillong, April 7: The Lucknow district election officer has directed all banks to monitor withdrawals and deposits above Rs 10 lakh.

District Magistrate Surya Pal Gangwar has directed banks to send reports about all such deposits and withdrawals to the district election department. He further directed that banks will also need to provide details about continuous withdrawals or deposits of more than Rs 1 lakh in the accounts of the dependents of all candidates.

The bankers have been further asked to open separate accounts for the election-related transactions of the candidates from different political parties.

“All election expenses by the candidates will be borne from this account. All banks will provide separate banking facilities to the candidates and their workers,” said Gangwar, who also holds the charge of district election officer.

“If there is continuous withdrawal or deposit of more than Rs 1 lakh in the accounts of candidates’ dependents, then this information will also be made available,” he added.

Regarding carrying cash through ATM vans and others, the District Election Officer directed that banks will ensure that the vehicles carrying cash received from agencies/companies do not under any circumstances carry cash of any party other than the bank’s cash.

“Cash-carrying personnel accompanying the vehicles will carry with them identity cards issued by the concerned agencies. Also, if the vehicles carrying cash are stopped for inspection, then the company/agency should be in a position to prove by direct inspection of the documents and currency that they have used the cash to replenish the cash at the banks’ ATMs or to deposit in the banks,” he instructed. (IANS)

spot_img
spot_img

Related articles

ICMR rejects BHU study on Covaxin, says findings misleading

  New Delhi, May 20 :The Indian Council of Medical Research (ICMR) has rejected a recent study led by...

‘Those who insulted Constitution now dancing with it’: PM Modi calls out Congress’ ‘hypocrisy

New Delhi, May 19 Prime Minister Narendra Modi engaged in a comprehensive discussion with CEO & Editor-in-Chief, AMG...

UK to fund medical training for doctors treating Palestinian evacuees

Shillong, May 20: The UK government will fund medical training for doctors and health practitioners treating Palestinian evacuees...

Top four teams to watch out for in 2024 Men’s T20 World Cup

Shillong, May 20: Once IPL 2024 is over on May 26, the attention of all cricket fans will...