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Meeting held with bankers by District Electoral Officer

Chandigarh, 28th March, 2019: A meeting was held today under the chairmanship of Deputy Commissioner-cum-District Electoral Officer, Sh. Mandip Singh Brar with the representatives of various Banks in the city to discuss the implementation of guidelines contained in the Compendium of instructions on Election expenditure and Standard Operating Procedure for transportation of cash by ATM vans.
The representatives were directed to keep a strict vigil on the election-related expenditure by the candidates and political parties during the Lok Sabha Elections 2019 as per the guidelines of the Election Commission of India. They were asked to report unusual and suspicious cash withdrawals or deposit of cash exceeding Rs. 1 lakh during the process of election, unusual transfer of amount by RTGS to the account of several persons without any precedent of such transfer, or suspicious transactions which might be used to bribe the electors during the election process.
The representatives were also informed about the proper implementation of the standard operating procedure for transportation of cash by ATM vans. Directions were passed to ensure that the cash vans of outsourced agencies/companies carrying the bank's cash shall not, under any circumstances, carry cash of any third party agencies/individuals except the bank. The outsourced agencies/companies shall carry letters/ documents including the authorization letters and also the personnel of the outsourced agencies accompanying cash van shall carry identity cards issued by the respective agencies.
The District Electoral Officer directed the banks to open hassle-free bank accounts for the candidates who have filled their nomination papers and set up special counters for them. He further stated that for greater transparency and for ease of monitoring of election expenses, candidates would be required to open a separate bank account and incur their election expenses from that very account. 

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