Income Tax Department raided the Noida's Axis Bank Branch and found Rs 60 crore in 20 fake accounts. All of which belong to workers and labourers. The officials of IT came to know about it when one jeweler sold Rs 600 crore gold and deposited the money in Noida bank.
Earlier this week, the department also conducted a raid in Chandni Chowk branch from where they discovered Rs 100 crore from 44 fake accounts. Axis Bank executive Rajesh Dahiya said "The bank suspended 19 officials including 6 of Kashmere Gate branch of Delhi."
Under the provisions of PMLA, Two managers Shobit Sinha and Vineet Gupta were also arrested on Wednesday night.
44 fake accounts with excess balance in axis bank...!!!
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