The secret template India uses to print currency notes has been "compromised" and that is possibly why fake but real-looking Indian currency notes are being pumped in, says the Central Bureau of Investgation, to subvert the country's economy.
The CBI, the nodal agency for checking fake notes, has now formed a special team comprising its sleuths and officials from the Directorate of Revenue Intelligence, the Reserve Bank of India and the Central Forensic Science Laboratory to find out how and at what level the design got "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," CBI director Ashwini Kumar said.
Asked, if the country was still using the security template, he said, "yes".
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 notes.
Giving details of the investigation team, CBI spokesperson Harsh Bhal said "a special team has been formed which consist of officers from CBI, DRI, RBI and CFSL."
"The team will investigate how and at what level the security template has been compromised," he said.
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