crime

Old currency in ‘malkhana’ marginally escape turning scrap

New Delhi: Fifty days after Modi government’s decision to scrap 500 and 1000 rupees denomination notes, Delhi Police has finally woken up and taken a decision to exchange old currency seized in various police station related to crime.

In the New Year 2017,  old notes of 500 and 1000 rupees denomination will not be accepted in the banks. Opening eyes, barely one day before the end of the alarming period, shows the lax attitude of the Police. However, still waking from the long wink of sleep, a day before the end of time has helped to save in scraping the old currency notes.

A circular issued to every district DCP from police headquarter stated that bank account in the name of district DCP to be opened and all the old currency of rupees 500 and 1000 denomination be submitted in the new accounts before 31st December 2016.

It is pertinent to mention here that every police station has a Malkhana where cash and other property seized under various crime cases are kept till the court disposal. In fact, cash and other belonging from the persons arrested in the police stations are also kept in the malkhana.

 

Delhi Police is keeping crores of rupees in the malkhana under various cases which are pending in the court. Some Properties were seized from more than two decades ago. Most of the big amount are under rupees 500 and 1000 denomination.

Officers in Police Headquarter were fearing that this old currency in malkhana might turn into a scrap if the decision on this notes was taken before 31st December 2016. They woke up five days ago and finally release a circular to tackle the menace.

According to sources, like Police department in other states, officers in Delhi Police, too were in the wink of deep sleep when one of its Head Constable level personal raised up this issue before them. Officer contacted Reserve Bank of India (RBI) last week.

“RBI did not pay heed to our issue and suggested that they can put this amount in the account of Delhi Police. From RBI we got to know that Police department of other states too is unaware of this emerging issue,” an officer said on the request of anonymity.

He further said Legal cell after consultation with the directorate of prosecution finally took a call and told its District DCP for opening a separate Bank account for the disposal of this money in Bank.

What is Malkhana in police station?

It is pertinent to mention here that every police station has a Malkhana where cash and other property seized under various crime cases are kept till the court disposal. In fact, cash and other belonging from the persons arrested in the police stations are also kept in the malkhana.

cash seized by police and kept in malkhana

 

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