Scrap Seller Carrying Rs 47 Lakh? Delhi Cops’ Massive Seizure Forward Of Polls — Examine Rule For Money Restrict Throughout MCC | India Information
The Delhi Police have seized Rs 47 lakh in money from a automobile throughout a routine check-in in south Delhi’s Sangam Vihar space, officers stated on Tuesday. The automobile was being pushed by Vaseem Malik (24), a resident of Sangam Vihar and a self-proclaimed scrap vendor. He was intercepted by the Static Surveillance Crew (SST).
This incident within the nationwide capital comes days forward of the much-anticipated Meeting elections that are slated to be held on February 5 and the votes will likely be counted on February 8.
Delhi | Yesterday, throughout checking, a automobile was stopped at T- level, Mangal Bazar Street, Sangam Vihar by SST and a bag containing money of about Rs 47 lakh was seized from the automobile. The automobile was being pushed by Waseem Malik R/o Sangam Vihar, age 24 yrs who claimed that he’s a scrap… pic.twitter.com/5uWgJcUL4a
— ANI (@ANI) January 22, 2025
Additional elaborating on the automobile seizure, the Delhi Police knowledgeable that in checking, a automobile was stopped at T- level, Mangal Bazar Street, Sangam Vihar by SST and a bag containing money of about Rs 47 lakh was seized from the automobile.
The automobile was being pushed by Waseem Malik R/o Sangam Vihar, age 24 yrs who claimed that he’s a scrap vendor. The cash has been seized and additional motion is being taken as per the principles, the police stated.
In response to officers, Malik failed to offer the required documentation for the money, prompting officers to grab the quantity. Authorities are investigating the supply of the cash and additional motion is being taken per authorized protocols, information company PTI reported.
The motion was taken as a result of Mannequin Code of Conduct (MCC) imposed by the Election Fee (EC) forward of the upcoming Meeting polls. The seizure by the Delhi police is alarming, because the ballot physique has set a strict restrict on the quantity allowed to be carried whereas the MCC is in place in any state.
EC’s Pointers For Carrying Money Throughout MCC
1. In response to the EC, all actions of Indian foreign money or overseas change ought to be effected by the individual(s) licensed, who should carry the supporting paperwork.
2. The motion ought to be based mostly on a requisition made by the receiver and directed to the vacation spot handle. The EC suggested folks to not carry money of Rs 50,000 or extra with out supporting paperwork.
3. Unexplained money over Rs 50,000 will likely be confiscated by the authorities. Seizures over Rs 10 lakh will likely be referred to the Earnings Tax Division (IT).
4. If the money is being moved from the workplace/department of the Licensed Particular person (AP), it ought to depart the place solely after being recorded within the AP’s books of accounts.
5. Equally, if the vacation spot of the foreign money motion is the workplace/department of the AP, it ought to be recorded within the AP’s books of accounts on the identical day or the date of receipt.
6. The switch of overseas foreign money between branches of the identical AP ought to be accounted for as a inventory switch and never as a sale, to keep away from double counting. The motion of money ought to be per the paperwork.
