Was RBI Employee Found Stealing Currency?

The discord between RBI and the media raise the question as to how media got this information. Who was the one who provided the requisite facts published? In any case, it points towards the dichotomy that lies in the dissemination of information being released for the press.

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Was RBI Employee Found Stealing Currency?
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The Reserve Bank of India (RBI) has rejected the claims by a section of the media that currency worth Rs.90 lakhs have been stolen by officer in Bank Note Press in Dewas, Madhya Pradesh. It was also reported in the media that CISF apprehended the official for stealing currency. RBI has stated that Bank Note Press (BNP), Dewas is a unit of the Security Printing and Minting Corporation of India Ltd (SPMCIL) which is not under the control of the Reserve Bank of India (RBI), it said.

In an official statement, RBI has stated that it “does not have any official placed with BNP, Dewas. The reports, thus, are not based on facts. RBI regrets to note that the facts were not verified before publishing the news reports”.

Earlier, it was reported in the media that an RBI official has caught stealing notes over a period of time. The accused was named as Manohar Verma who had been claimed to be deputy control officer of RBI by media.

The report further said Verma was kept under CCTV after the doubts were raised by the security and CISF caught him red handed when he was trying stealing printed/rejected notes. The money has allegedly being found in the office drawers, clothes and shoes. Out of the total amount, 26 lakhs was recovered from Verma’s office and the remaining amount of 64 lakhs was recovered from his residence.   

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The discord between RBI and the media raise the question as to how media got this information. Who was the one who provided the requisite facts published? In any case, it points towards the dichotomy that lies in the dissemination of information being released for the press.

It is being stated that the notes hushed up by Verma were slightly defective. However, the defects were so minute that those notes can easily be used in the open market. All these details and more have been claimed to be false by RBI, indicating a serious flaw and lack of coordination between the source and the receiver of information.