Police PRO clarifies on depositing of seized currencies

The account is being operated jointly by NAB SP and NAB OC with due approval of the finance and home departments for depositing currencies seized in connection with cases registered at NAB-PS.

Following reports in local dailies about currencies seized by Narcotics and Affairs of Border (NAB)-PS being deposited in a bank account opened in the name of NAB SP, police PRO on Tuesday clarified that the seized money was deposited by observing formalities. 

According to a police PRO release, the said account was opened in the name of ‘SP Narcotics And Affairs Of Border’ for safe custody of the seized money as per guidelines issued by Ministry of home affairs.

The account is being operated jointly by NAB SP and NAB OC with due approval of the finance and home departments for depositing currencies seized in connection with cases registered at NAB-PS, it said.

The release further mentioned that a prayer was submitted to the judge, special court (ND&PS) in connection with depositing the money amounting to Rs 57,18,000, seized from different accused in connection with FIR No. 43(6) 2018 NAB-PS, in the said account by the then NAB OC, B Rishikesh.

“Subsequently, the judge vide its order dated 18/06/2019 in connection with Cril. Misc. Case No. 67 of 2019 granted permission for depositing the said seized money. As such, the said seized money was deposited in the said joint current account opened for the purpose by observing formalities,” it added.

First Published:June 16, 2020, 10:37 p.m.