Hi All,
I noticed that one bank manager is helping their clients to do money laundering and getting paid for this.
He actually collects form60[where PAN is not registered with the account] for high value cash deposits as per the process. While sending the half yearly report of form60 he pulls out the form60s of those specific customers from the report and sends to local Income tax department. To get away from his audit department again he prepares the proper report and do the filing.
Where I have to make a complaint about this. Can the authority find out even if i give the complaint, because he is maintaining perfect report in his records but sending the filtered report to income tax department.
These kind of money laundering could not be found out because its happening in a bank and this manager should be punished by the law.
Kindly help on this
Thanks
Abhishek
I noticed that one bank manager is helping their clients to do money laundering and getting paid for this.
He actually collects form60[where PAN is not registered with the account] for high value cash deposits as per the process. While sending the half yearly report of form60 he pulls out the form60s of those specific customers from the report and sends to local Income tax department. To get away from his audit department again he prepares the proper report and do the filing.
Where I have to make a complaint about this. Can the authority find out even if i give the complaint, because he is maintaining perfect report in his records but sending the filtered report to income tax department.
These kind of money laundering could not be found out because its happening in a bank and this manager should be punished by the law.
Kindly help on this
Thanks
Abhishek