Major lapses in currency printing kept under wraps, UPA govt ignored national security


New Delhi, Feb 20 (CNN-IBN): In a major security breach that could embarrass the previous Congress-United Progressive Alliance government, an internal enquiry report has revealed that certain security features were allegedly compromised during the printing of Indian currency, and the lapses were kept under wraps by senior officials working under Ministry of Finance. The incident took place in 2012 under the then UPA government.

As per experts, the use of a security thread is the most distinguishing feature of bank notes. But the then Indian government had allegedly compromised on it.

The enquiry report shows that the security thread inserted in currency paper at the Hoshangabad Security Paper Mill were from an Islamic nation and the defect in the paper intended for 10 rupee notes was reported on November 8, 2012 but kept a secret.

The report also says the examination of the 10 rupee notes showed indecipherable text on the security thread, the notes either had Arabic text inscribed on the security thread or did not have any security thread at all. The security thread was also found to be non-magnetic when examined on a quality control device.

The currency paper with defective security thread initially escaped at least four to five quality checks. It was later found that four boxes of sheets had defective currency paper. With 5000 sheets in a box and 50 notes printed on each sheet it amounts to 10 lakh defective notes been printed.

The serious lapse was kept under wraps by senior officers at Security Paper Mill and Security Printing and Minting Corporation of India for over three months and no report was sent to either thr Home Ministry or the Finance Ministry.

Aristocraft International Ltd, the New Delhi based company, which supplied the defective security thread faced no action. Aristocraft MD Anshu Mittal refused to comment on the alleged lapses.

Officers also allowed the supplier to change the security thread stock without punitive action. Even now no action has been taken against the officers or the supplier. SPMCIL CMD MS Rana also refused to comment on it.

  

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Comment on this article

  • Vincent Rodrigues, Frazer Town,B'lore

    Sat, Feb 21 2015

    Better to initiate detailed fact finding committee to incorporate and fix accountability to the persons responsible for the lapse.

    DisAgree [1] Agree [4] Reply Report Abuse

  • Lingappa, Kuppepadavu/Amsterdam

    Fri, Feb 20 2015

    The KHANgres was led by the Pathans , 5th std educated Italian waitress Atanio Maino Khan and her worthless son Raul Vinci Khan. Its good they were booted out. Ideally they ought to be arrested for this. The only 'great' achievement the KHANgress did was communal minority appeasement.

    DisAgree [8] Agree [5] Reply Report Abuse

  • Ravi, Kapu

    Fri, Feb 20 2015

    What else can we expect from the Chors party. I don't see 'Pyramid' builder Joseph, the nameless creature called N.M, Jossey, Prem, Ismail etc etc comments here

    DisAgree [12] Agree [15] Reply Report Abuse

  • Dev, Mangalore

    Fri, Feb 20 2015

    "The serious lapse was kept under wraps by senior officers at Security Paper Mill and Security Printing and Minting Corporation of India for over three months and no report was sent to either the Home Ministry or the Finance Ministry."
    If the above statement is TRUE in this article then it absolves the UPA government from alleged lapse of ignoring National Security.
    Telgi got printing machine from Security Press to print Fake Stamp Paper from Nasikm which was circulated in 12 States! Well most people forgot BJP was ruling party then in State! Without Political Patronage & Police connivance this couldn't have lasted for nearly a decade.
    No Politician or Party is above corruption, if blind followers support their corruption while highlighting others of the same, no political party can make a difference in common man's life. Only one bright hope is Aap.

    DisAgree [5] Agree [15] Reply Report Abuse

  • Suman, Mangalore

    Fri, Feb 20 2015

    Oh God!! shameless Sonia and her chor team did everything to loot India...

    DisAgree [14] Agree [28] Reply Report Abuse

  • Darryl Lobo, Mangalore/Bangalore

    Fri, Feb 20 2015

    They were in a hurry to print notes and to pocket it themselves. They didn't have to bother about security.

    They didn't mind Pakistanis coming into our soil and decapitating our soldiers. Mouni didnt break silence. Note printing with compromising on security was trivial matter for them.

    DisAgree [12] Agree [36] Reply Report Abuse

  • Anees, karkala

    Fri, Feb 20 2015

    Jo chor hota hai..chor dusraon kho chor ka Zemeidaar bana ta hai.
    Jab usse kaam ka layak nahi hota.
    Let Feku least 2 election manifesto successfully complete.He is the Bravo man.

    DisAgree [26] Agree [9] Reply Report Abuse

  • Mohan H Naik, Mangaluru

    Fri, Feb 20 2015

    Tip of the iceberg.

    DisAgree [7] Agree [22] Reply Report Abuse

  • Abdul Rafiq, Uchila / Dubai

    Fri, Feb 20 2015

    HaHaHaHaHa. All the petroleum documents stolen from their office and leaked but minister don't know. Was he sleeping since 9 months? For hide their mistakes, this is new conspiracy against UPA govt. God knows what happening on the Pak & China borders. If somebody occupied our land also these people will not come to know, as they are in deep sleep or busy with Ghar wapsi, targeting women like Priya Pillai, Teesta, Sonia, Priyanka etc. shame on BJP and it's parivar.

    DisAgree [61] Agree [21] Reply Report Abuse

  • j.anata, Mangaluru / Bengaluru

    Fri, Feb 20 2015

    The counterfeit notes business was being run by Congressmen & women looks like & they were unnecessarily blaming Pakistanis & Afghanis!!!

    So much corrupt that they even nearly sold our country!!

    DisAgree [15] Agree [35] Reply Report Abuse

  • sunill, bengaluru

    Fri, Feb 20 2015

    nationalistic indians chose modi for a reason.

    people who are anti bjp are asking
    questions like:

    why you people voted modi?

    is it bcoz he will:

    1.bring black money back?
    2.will take ahead india ahead of china?
    3.will give jobs to all youths of india?
    4.is he a superman that he will solve all indias ills?
    etc etc etc

    for all above questions he may fail but we voted him for below said thing as the below said thing is highest priority.others things will happen by itself if the below said thing is taken care of and we know modi has the intention,capability and the wherwital to do that.

    "he will surely save india being sold to italy or pakistan,stop corruption,strengthen indian military and save indias culture."

    DisAgree [20] Agree [43] Reply Report Abuse

  • geoffrey, hat hill

    Fri, Feb 20 2015

    First 3 points are BJP's election manifesto, rest of the garbage is your brain child.

    DisAgree [38] Agree [22] Reply Report Abuse

  • sunill, bengaluru

    Fri, Feb 20 2015

    geoffry,

    to be precise, most of them voted modi for

    1.saving india from enemy countries like pak and western countries and thier nefarious designs w.r.t india.

    2.strengthening indian military which was weak or rather made intentionally weak(forgent about large procurements even there was scarce for basic stuffs in military like boots,jackets,batteries etc.former navy chief statement is testimony to this fact)

    3.saving indian culture

    4.stopping terrorist attacks on india as if it was happening 10 incidents per year before and indians were thinking whether indian intelligence is working or not and soon after modi became pm and after 10 months of his govt there is not even a single large scale bomb blast or terrorist activity in india.it is better all political parties take a crash course by modi at how to admisnister a huge country like india.

    DisAgree [14] Agree [25] Reply Report Abuse

  • G M Hegde, Udupi

    Fri, Feb 20 2015

    Time and again I feel ashamed on this matter. We trumpet about our space programs on one hand but on the other hand we cannot manufacture what is needed for making our own currency and have to still depend on foreign suppliers..At least now "Make in India" starting from the Government or outsource it to the like of TATAS or MAHINDRAS.

    DisAgree [1] Agree [19] Reply Report Abuse

  • Manu, mangalore

    Fri, Feb 20 2015

    People have not let even coffin of kargils martyrs ..will they leave10Rs currency...

    DisAgree [15] Agree [14] Reply Report Abuse

  • Vikas G, Udupi

    Fri, Feb 20 2015

    Perinje might not believe this also. As per him congress is Mr clean party of India and kfd/skf/SIMi are patriotic organisations.

    DisAgree [7] Agree [34] Reply Report Abuse

  • Mahendra Shetty, Mumbai Mangalore

    Fri, Feb 20 2015

    THANK GOD, TUSSI GREAT HO...OTHERWISE IF THEY GOT ANOTHER 5 YEARS THEY SOLD INDIA TO ITALY OR PAKISTAN......

    I HATE CHOR ZERO PARTY!

    DisAgree [15] Agree [44] Reply Report Abuse

  • avani, mlore

    Fri, Feb 20 2015

    Security thread from an outside nation???!!! Oh! I did not know this! Please bring this item first into make in India.

    DisAgree [1] Agree [17] Reply Report Abuse

  • prashanth kumar, padubidri

    Fri, Feb 20 2015

    believe it congies are dongies..

    DisAgree [8] Agree [23] Reply Report Abuse

  • Raj, Bangalore

    Fri, Feb 20 2015

    Joseph...can you build a pyramid here also ? but downward looks good now for your party.

    DisAgree [5] Agree [16] Reply Report Abuse

  • Dev Sagar, Mangalore

    Fri, Feb 20 2015

    Not at all a serious issue. After all its on 10 rupee notes. The government should focus only on Rs. 500 and Rs. 1,000 notes which are counterfeited all the time.

    DisAgree [28] Agree [8] Reply Report Abuse

  • Vishal D Souza, Mangalore

    Fri, Feb 20 2015

    I feel ashamed of the Congress. If they were in power for another 10 years, they would have sold this nation. What is more surpring to me is, what do they leave for their next generation, to their own families? It's better to get rid of this Congress=Corruption forever. They did not leave any field of Corruption.

    DisAgree [9] Agree [51] Reply Report Abuse

  • Rajesh Shetty, Mlore Shj

    Fri, Feb 20 2015

    These is no Scams in the history of India which dint leave the traces of scamgress in it. Nehruvian congress yes, not the Gandhi-congress.

    DisAgree [10] Agree [44] Reply Report Abuse


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