The Great Train Robbery: Rs 5.78 crore stolen from consignment of Rs 342 crore on the way to Chennai – The New Indian Express

http://www.newindianexpress.com/cities/chennai/The-Great-Train-Robbery-Rs-5.78-crore-stolen-from-consignment-of-Rs-342-crore-on-the-way-to-Chennai/2016/08/09/article3571267.ece

My Comment: This train robbery was completely avoidable but only if the authorities had applied little common sense. The notes which have been looted were soiled ones. They were either in the possession of the Banks concerned or the RBI. In any case, these notes would have been destroyed and the new currency notes of equivalent denomination would have been printed and issued by the RBI. Why can’t the RBI take custody of such soiled currency notes at the premises of the banks itself and then destroy them then and there after creating appropriate records? Now, it seems the RBI will most callously declare these looted currency notes as out of circulation and make every possessor of these notes a potential criminal. 

About the Author

Ankur Mutreja
Ankur Mutreja is an advocate-cum-writer, and his blogs are amongst his modes of expression. He has also authored number of books, which can be downloaded from the links on the top menu.

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