Three postal officials booked by CBI for Currency exchange

hyderabad-post-officeThree postal department officials of Hyderabad were booked by CBI for irregularities in exchanging demonetised high-value currency notes .

Sudheer Babu, Senior Superintendent of post offices, Hyderabad city division, G. Revathi, Sub-Postmaster, and G. Ravi Teja, Office Assistant are been booked on charges of criminal misconduct, criminal conspiracy, criminal breach of trust by public servants.

CBI conducted raids on four post offices on information of irregularities and after the investigation, they found that Sudheer Babu exchanged old currency notes of Rs 1,000 and Rs 500 valued at Rs 36 lakh with new notes of Rs 2,000 with the help of Ravi Teja and G. Revathi.