- Mar 24, 2009
Secret Indian currency template compromised: CBI - India - NEWS - The Times of IndiaNEW DELHI: With checking the circulation of fake Indian currency notes (FICNs) becoming a big challenge for the law enforcement agencies, the CBI has said that the secret template being used to print currency notes has been "compromised".
Though the RBI has so far not confirmed whether the secret template has actually been compromised, CBI, which is the nodal agency for coordination with states to handle FICN cases, has already set up a special team to "investigate how and at what level the security template has been compromised".
"Our investigations have revealed that the 2005 secret security template which was introduced as part of the new design adopted then has been compromised," a news agency quoted CBI chief Ashwini Kumar as saying on Thursday.
Asked if the country was still using the security template, Kumar replied in the affirmative, a revelation which may pose a big question mark over the current practice of using the "compromised" secret template for printing currency notes.
A finance ministry official, however, said: "It is not easy to take away secret templates. We are not aware of what the CBI has found during its investigation."
By using the word "compromised" the CBI means that the counterfeiters have deep knowledge about the kind of special ink, paper and other ingredients that go into the making of currency notes.
Giving details of the investigation team, CBI spokesperson Harsh Bhal said: "A special team has been formed which consists of officers from CBI, DRI, RBI and CFSL. The team will investigate how and at what level the security template has been compromised."