 Online edition of India's National Newspaper Saturday, Oct 16, 2010 ePaper | Mobile/PDA Version |
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Tamil Nadu
With festival season around, huge sums are expected to be in circulation, says L. Srikrishna In July alone, a private bank in the city lodged a complaint with us regarding receipt of fake Indian currency notes in its branches to the tune of Rs. 75,700 in the denomination of 15 x 1,000, 120 x 500 and 100 x 7, a police officer said. So far, 24 cases of Fake Indian Currency Notes (FICN) have been registered following complaints from several banks in the city. Apart from this, a CB-CID (counterfeit wing) team busted a FICN racket in Rameswaram and Kanyakumari, police said. Even as the authorities conduct awareness campaigns in this connection, fake currencies are still being circulated, they say. However, the police are confident of preventing the crime to a great extent with the cooperation from bankers and the public. Commissioner of Police P. Balasubramanian said recently that bankers should ensure that currencies received at their counters are checked with modern gadgets. In the event of any suspicion on the remitter, they may tip off the police. Such steps would discourage law offenders from approaching banks. He stressed the need for banks, particularly private ones, to impart training at regular intervals to their personnel handling cash. “We receive more number of FICN complaints from private banks,” he said. Assistant Commissioner of Police (Central Crime Branch) Jesu Jeyapaul, who recently attended a training programme on FICN in Chennai, said that by adopting simple steps, the genuineness of currencies could be checked. The point size and space provided between numerals on genuine notes are so unique that a discreet check would unravel its status. Similarly, he pointed out a couple of features present in the notes which a banker or an informed person can easily spot. “Moreover, many leading international experts, handling different currencies, were of the view that rupee design was the safest,” he said. According to Mr. Jeyapaul, the origin of fake notes is largely traced to some districts in West Bengal, Bihar and Jharkhand. With festival season around, huge sums are expected to be in circulation. Hence, while receiving cash, taking caution was advisable. Some of the RBI officers, who recently visited the city, said Tamil Nadu accounted for the maximum number of FICN complaints.
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