Bank Directed to Segregate Seized Currency Notes

Rapid Summary

• The Special Court for ACB Cases on August 2 directed the SIT investigating the alleged liquor scam too record serial numbers of currency notes seized before depositing them in the bank.
• ₹11 crore was recently seized from a farmhouse in Kacharam village, Rangareddy district, Telangana.
• The money was allegedly hidden by Kasireddy Rajasekhar Reddy, the main accused in the case.
• Reddy filed a petition claiming suspicion that police planted currency notes printed after June 2024 and requested serial numbers be documented and videographed for evidence.
• The SIT stated it had already deposited the cash at SBI machavaram Branch on August 1; however, Reddy alleged attempts were being made to tamper with evidence.
• The court instructed SBI machavaram branch not to mix these seized funds with other currencies until further notice.

Indian Opinion Analysis

The progress underscores heightened scrutiny surrounding high-profile investigations like this alleged liquor scam. Ensuring transparency and proper documentation of key evidence-such as recording currency note details-is critical for maintaining public confidence in legal proceedings and shielding against possible claims of procedural irregularities or tampering. Both sides have raised serious allegations: while investigators find intent to conceal illicit funds, counter-allegations about possible misuse of authority point toward significant disputes over both accountability and method.

These proceedings are likely to hold broader implications for reforming investigation standards within India’s anti-corruption framework while drawing attention toward institutional safeguards needed for unbiased action in politically sensitive cases.

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