Congress Claims BJP Exchanged Banned Notes After Demonetisation; Sibal Questions Agencies For Inaction

The Logical Indian Crew India

April 10th, 2019 / 1:24 PM

Congress Expose Demontisation

Image Credit: India Today

Congress leader Kapil Sibal, in a press briefing yesterday (April 8) at Congress headquarters, showed a video and claimed it was an expose on currency exchange that the BJP party had carried out after demonetisation, reported NDTV. The banned notes of Rs 500 & Rs 1000 were exchanged with the Rs 2000 notes.

The sting video showed an alleged Research and Analysis Wing (RAW) officer Rahul Ratharekar talking to an undercover reporter on how demonetised notes were exchanged, post the deadline set by the Reserve Bank of India (RBI) for the exchange of demonetised notes. Mr Sibal highlighting the sting video said that the exchange of currency was carried out by a special team that consisted of officials from all the departments and was headed by BJP party chief Amit Shah. The team had used planes to bring currency from various ministers and business houses to Hindon air base, Ghaziabad. Later on, the money was taken to the Reserve Bank of India at a charge of 35 to 40%.

“The video shows the exchange of demonetised notes with the new ones in a government godown in Maharashtra,” said Mr Sibal. He further added that all the names in the video can be independently verified by the agencies. He also said from the video, one can note that thousands of notes were printed abroad and then exchanged.

In the same press briefing, Congress slammed the Election Commission for not taking proper steps against BJP even after it violated Model Code of Conduct (MCC) multiple times. Sibal frowning upon the recent raids conducted by the investigative agency on opposition parties, said, “the biggest scam in India’s history is demonetisation…It is sad that our agencies will investigate the opposition, but not those in power.”

He further said that though there are sting videos, the agencies will not commence a probe against the central government. Sibal also clarified that not only investigative agencies were behaving in such matter, but the election watchdog too acted the same.

Sibal underlining the number of complaints that the party has sent to the Election Commission regarding the violation of MCC said that the watchdog is not addressing these issues and since the elections are almost here, they do not have time to move to court.

Parties standing against the ruling government have been facing series of raids undertaken by the investigative agencies. The first of such raid took place on people in connection to Congress-JDS coalition in the state of Karnataka. The latest of such raid took place on April 8 on close aides of Madhya Pradesh Chief Minister Kamal Nath. The Income Tax department later announced that Rs 281 crore of unaccounted wealth was retrieved.

Also Read: Instances Of Political Parties Violating Or “Almost Violating” The Model Code Of Conduct


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Written by : Debarghya Sil

Edited by : Bharat Nayak

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