new delhi bank of baroda officials recently stumbled upon illegal transfers of a whopping rs 6172 crores in foreign exchange made to hong kong through newlyopened accounts in the banks ashok vihar branch the congress revealed details of the case at a press conference on friday the bank was alerted to the scam when it found that the forex business of its ashok vihar branch shot up to rs 21529 crores during 201415 an increase of more than 500 times from rs 45 crores in 201314 between august 1 2014 and august 12 this year there were 8667 forex transactions from the branch prompting the bank to look into the increase an internal investigation by the bank revealed that the transactions did not trigger alerts such as the generation of an exceptional transaction report by the branch in north delhi the income tax department and other agencies were also oblivious to the transactions despite amounts transferred adding up to several crores a day toi tried several times to reach bob executive director b b joshi for more details but he was unavailableread alsoover rs 6000 crore black money sent out of the country congress says investigations showed major irregularities because the forex transactions were done mainly via advance remittances for import through newlyopened current accounts heavy cash transactions sometimes four or five times a day were also noticed bobs internal audit team recently redflagged the irregularities to the finance ministry it is not clear yet whether this money belongs to an entity or a group of people that wanted its black money sent abroad central agencies like the cbi and the ed are likely to soon investigate the matter said sources the revelation comes at a time when the narendra modi government is trying to ensure that black money does not flow abroad and instead comes back into the country the congress said the irregularity punched holes in prime minister modis claim that there have been no scams since he assumed office the congress alleged that the amount made up of black money was sent out of the country through a series of bank transaction two months after the modi government took charge at the centre last year leave alone vyapam lalit modi or the chhattisgarh rice scam i want to tell the pm that this scam is happening in delhi right under the nose of the centre congress spokesperson r p n singh saidread also black money disclosure amount revised to rs 4147 crore he added that for the past two days in bihar the pm has been saying that there has been no scam since his government took over and he has repeated the same thing in his speeches abroad the bank is in delhi and the government has all the information about the scam as the audit report was sent to higher authorities bjp has been talking about scandals so many scams are coming out but the pm says that there is not