New Delhi: Arpita Mukherjee who is currently under the Enforcement Directorate (ED) radar regarding the West Bengal teacher recruitment scam and has been reportedly sharing the details which led to the theft of additional gold, cash and other valuable assets. The agency has raided two apartments of Mukherjee and found around fifty crores of cash as well as other valuable assets according to media reports. The team who conducted the raids determined the massive amount of cash by using a note-counting machine, which does miracles when it comes down to calculating the massive amount of notes.
This is how the machine for note-counting works:
Note counting machines make it easier for the task of those charged with the task of counting an enormous amount of banknotes. You may have witnessed machines that count notes performing their job like magic in banks. The process of counting notes that amount to thousands of rupees is just an hour thanks to the machine. (ALSO Read: The ITR filing deadline is in 3 days. Check out five benefits of filing an ITR even if not in a tax bracket)
In order to use the machine the notes bundle is initially stacked into one of the compartments. Notes are then moved mechanically through the machine. The machine then counts notes by counting each time the light beam is cut off. (ALSO READ BSNL is awarded the Rs 1.64 lakh crore in a revival package from the Central the government)
How long does the machine needs to make 1000 notes?
The amount of time required by the note-counting machine to count 1000 notes differs between machines. Some are speedy, while others slow. In general, typical note-counting machine can record around 1000 notes within 60 seconds or one minute.
Arpita Mukherjee Case
As of now, 30 crore dollars as money (Notes from 2000 as well as 500 notes neatly packed into packages of fifty lakh for each Rs 2000 note, and 20 lakh for each 500 Rs notes) were discovered in these ongoing ED raids.
Additionally, 4.31 crore dollars worth of jewelry and gold (3 gold blocks of one kg each, 6 Kanganas worth 500 GM each, and various jewellery made of gold, including a pen made of gold).
ED agents were able to search Arpita Mukherjee’s Belghoria apartment following an investigation into the actress. On Wednesday, police conducted raids on two homes in Belghoria. One of them had gold as well as cash. The process for counting notes started at 6 pm on Wednesday and continued until 4am on Thursday. The notes were counted with huge cash counting machines.