Haryana government has designated 10 new units of State Crime Branch as Economic Offence Wing (EOW) to deal more effectively with financial sector irregularities.
Haryana Chief Minister Manohar Lal Khattar approved a proposal to designate 10 units of the State Crime Branch as EOW, an official spokesperson said here.
The decision has been taken to protect the interests of depositors and provide a powerful legal tool to contain the irregularities and discrepancies in the financial sector, he said.
The EOW units would act as the prime investigation body for the offences committed under the Reserve Bank of India Act, 1934, Prize Chits and Money Circulation Schemes (Banning) Act, 1978, and the Protection of Interest of Depositors Act, 1913, he said.
The 10 units which have been designated as the EOW are located in districts of Ambala, Panchkula, Kurukshetra, Karnal, Jind, Hisar, Bhiwani, Rohtak, Gurgaon and Faridabad.
The Chief Minister has directed the Home department to ensure formulation of rules under the Haryana Protection of interests of Depositors in Financial Establishment Act, 2013, and other formalities at the earliest possible, the Spokesperson said.
