After Axis Bank, now IT department officials raided at Kotak Mahindra’s Kasturba Gandhi Marg branch on Friday.
Post demonetisation, IT department is conducting raids all across the country including banks, political leaders, business man and has recovered huge amount of unaccounted money, fake currency notes, and fake bank accounts.
IT department officials raided the Kotak Mahindra Bank’s Kasturba Gandhi Marg branch for recovering fake accounts and in connection with the survey of two of its customers namely Ramesh Chand and Raj Kumar on suspicion of illegal transactions.
Recently, IT department officials conducted raid at Axis Bank and found number of fake accounts and illegal transactions.
Following this, the investigation is still under process at Kotak Mahindra Bank accounts on the suspicion of unaccounted cash transactions and fake accounts.
Spokesperson of the Kotak Mahindra Bank, Rohit Rao said in statement, “The bank denies that there were any fake accounts. The bank is extending full cooperation to the investigating authorities”.