Probe into suspicious transaction in Jan Dhan accounts: Here are 5 latest developments

Cuttack: The police are investigating repeated deposits and withdrawal of large amounts of money in Jan Dhan bank accounts of around 13 members of a Self-Help Group (SHG) here, the police said on Thursday. The account holders of Gopinathpur branch of a bank claim that they have not operated their accounts even once after the accounts were opened last year. Here are 5 latest developments:

• "We are investigating the matter. If any cognisable offence is established, then appropriate criminal prosecutions will be initiated," city DCP Sanjiv Arrora said.
• If any revenue or financial mismanagement is established, then appropriate agencies would be intimated, he said.
• The members of Tulasi SHG said they had opened the Jan Dhan accounts in order to avail loans if any, in future. But they were surprised to notice that heavy transactions had been made in their accounts after the demonetisation of higher denominations was announced in November.
• Although such bogus transactions in the Jan Dhan accounts were brought to the notice of the bank officials, they appeared indifferent, some of the account holders claimed.
• Senior officials of the bank were not immediately available for comment

About Pradhan Mantri Jan-Dhan Yojana: PMJDY is India's National Mission for Financial Inclusion to ensure access to financial services, namely Banking Savings and Deposit Accounts, Remittance, Insurance, Credit and Pension in an affordable manner.

On 28th August 2014, this financial inclusion campaign was launched by the Prime Minister of India Narendra Modi. Modi had announced this scheme on his first Independence Day speech on 15 August 2014.