While the government – finance department officials as well as income tax department – keep threatening the money launderers and tax evaders and black money holders against an attempt to launder money as white by depositing in various types of accounts, a very startling news hidden deep in the various media reports was that the agile and dynamic Revenue Secretary Dr. Hashmukh Adhia has threatened of stern action to bank and tax officials who help money launderers . Here is the the excerpt of the press report :
THE GOVERNMENT WILL ALSO TAKE STRICT ACTION AGAINST THOSE BANK OFFICIALS AND INCOME TAX OFFICIALS WHO ARE HELPING PEOPLE IN LAUNDERING.
Demonetization & Some Unscruplous officials
While the success of the demonetization is clearly hinged upon the shoulders of bank officials and they have shown that from day one everyone of them went extra step to make the demonetization successful , yet you can not be oblivous of the fact that some bank officials have attempted to derail the demonetization program and tried to use it as an opportunity earn quick bucks.