ATM booths likely to remain dry after suspicion of money laundering scam

IT News

Imphal, Sept 9:

All ATMs in the state is likely to run out of cash and likely to take long  time to normalise to regularise operations as a money laundering scam was reportedly discovered while investigating the case in connection with the shooting of an employee and looting of cash in front of  a SBI ATM booth located at Churachandpur.

Sources say that lots of money was found to have been laundered by personnel of ATM cash filling agencies which was unearthed after looting of cash by unknown miscreant by looters in CCpur that killed one personal of filling agencies

Cash worth upto the tune of many crores were not filled at ATMs even though they were taken away from bank, the source further specified.

An audit and further investigation is required to exactly find out missing cash taken away for filling various ATMs by agencies but were never filled. It is reportedly found that that scam has been underway since the past 4/5 years.

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