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Maoists spent scrapped notes worth Rs 92 lakh after demonetisation: Aide

Ashwani Verma, arrested in Khairagarh in Rajnandgaon district, revealed during questioning that after exchanging the old notes, he bought agricultural land worth Rs 33 lakh, jewellery worth Rs 4 lakh and three vehicles.

Published on: May 10, 2018, 18:59:09 IST
Indo Asian News Service, Raipur | By
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Maoists spent scrapped notes worth Rs 92 lakh through various channels after the government demonetised Rs 500 and Rs 1,000 currency notes, officials said on Thursday.

Ashwani Verma, a Maoist aide, revealed several names during questioning. Police are now looking for them. (AFP/File Photo)
Ashwani Verma, a Maoist aide, revealed several names during questioning. Police are now looking for them. (AFP/File Photo)

Ashwani Verma, an aide of the Maoists in Chhattisgarh, revealed several details related to the Maoists’ transactions and spending that happened after the high value notes were banned by the government on November 8, 2016.

Verma, arrested on May 5 in Khairagarh in Rajnandgaon district, revealed several details during questioning following which he named several persons. Police are now looking for them.

“Following coordinated efforts, a lot of information regarding the movement of Maoists and their aides have been received. Anti-Maoist operations will continue,” Mukesh Yadav, a police officer, said.

During questioning, Verma said he received old notes worth Rs 92 lakh from the Maoists.

After exchanging the old notes, he bought agricultural land worth Rs 33 lakh, gold and silver jewels worth Rs 4 lakh, a Swaraj Mazda vehicle, a Mahindra pick-up vehicle and a motorcycle. He also returned Rs 30 lakh to the Naxals.

According to the police officer, the accused used to send the Naxals all items of daily necessity.

 
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