Suspicious bank transactions under the scanner

District administration would be keeping tabs on bank accounts through which transactions worth ₹1 lakh or more were conducted during Huzurabad by-poll, said Karimnagar Collector and District Election

District administration would be keeping tabs on bank accounts through which transactions worth ₹1 lakh or more were conducted during Huzurabad by-poll, said Karimnagar Collector and District Election Officer R.V. Karnan on Tuesday. At a meeting with officials of banks in the district, the Collector instructed them to furnish details of bank accounts through which transactions of ₹1 lakh or more were conducted.

The Collector, along with Election Expenditure Observer G. Elamurugu, was reviewing the procedures to be followed on monitoring election expenditure for the by-election.

There was a likelihood of huge sums of money being withdrawn from banks which would be used to lure or influence voters, he said. In this backdrop, it was pertinent to check suspicious transactions involving transfer of huge amounts from one account to another.