New Delhi:
After the series of reports of fake accounts being unearth at various branches of Axis bank across the India, now more fake accounts have been found during the forensic audit of Axis Bank.
23 fake accounts with cash deposits of Rs 45 crore have been discovered in Noida Sector 18 bank Branch. Interestingly, Axis Bank itself shared this data with Income Tax department. Now, the I-T is probing the final beneficiaries of these fake accounts.
Axis Bank has been in news post demonetisation for Income Tax raids at its various branches and for cases of money laundering and operational fake accounts.
Recently, The Enforcement Directorate (ED) has registered a money laundering case in the alleged forging of a customer’s identity to conduct huge illegal transactions in an Axis Bank branch in Noida for conversion of black funds into white post demonetisation.
Also Read: ED files money laundering case against fake account holders in Axis Bank's Noida branch
Income Tax raids Axis Bank's Connaught Place, Noida branch
