Recently, the IT department had unearthed around Rs 100 crore in 40 fake accounts at the Axis Bank branch in Kashmira Gate area of Delhi.
Apparently, the banks had flouted RBI norms, by allowing customers open new bank accounts with proper Know Your Customer (KYC) documents.
The modus operandi pointed out towards a scam of converting black money into white, claimed the IT department.
In the subsequent investigation to find the source of the funds, Delhi’s Aam Aadmi Party’s name has propped up.
According to a regional website, iwatchindia, RTI activist Terrance Niel has alleged that on basis of the documents sought, Delhi’s chief minister Arvind Kejriwal’s Aam Aadmi Party’s name stands exposed.
The news report further states that during the Delhi assembly elections in the name of a fictitious company named Beagles Marketing had received a donation Rs 2 crore. The beneficiary was one Ramcharan who lived in the slums of Delhi Annanagar camp area and a registered email id of Beagles marketing was firstname.lastname@example.org – a chartered accountant.