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CAG flays DoP for fraudulent encashment of KVPs/NSCs

Last Updated: Friday, August 31, 2012, 00:08

A fraudulent encashment of Kisan Vikas Patra/National Savings Certificates worth Rs 9.01 crore between 1996 and 2004 could have been prevented if the Head Post Office in Varanasi had sent the statement of unsold cash certificates to Director of Accounts (Postal), CAG said on Thursday.