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Major breach in high-security GoI Bank Note Press; senior official stole over Rs 90 lakh

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Special Correspondent

BHOPAL: A worrying major breach was detected in the high-security Bank Note Press of Government of India in Dewas as a senior officer was caught on Friday stealing out currency notes from the press.

Later, currency notes worth Rs 64 lakh was seized from his home and over Rs 26 lakh from his office chamber – indicating theft of over Rs 90 lakh.

Senior inspector with the press – Manohar Verma – has been arrested by the Dewas police and matter reported to finance ministry.

Verma’s suspicious activities were caught on CCTV cameras of the unit and search revealed him carrying currency notes in his shoes.

Later during interrogation, Verma revealed that he had been stealing out the notes since about two and half months, but investigators believe the breach and theft was continuing since a longer time.

Verma was posted at the crucial bank note printing unit in April and he might have been involved in the theft since long time, sources said.

This raises serious questions on the security measures in the high-security unit of the GoI working under the Security Printing and Minting Corporation of India Limited (SPMCIL). Sources said that the lapse should have been detected right in the initial stage as strict search of all employees is in the rules.

The ease with which the senior officer carried out the notes from press indicates very serious loopholes and puts question mark on entire security system.