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Ghost of Demonetisation haunts Modi again, BJP on back foot

Friday August 31, 2018 0:35 AM, & Agencies

Modi Rahul Note Ban

New Delhi: A day after Reserve Bank of India (RBI) in its annual report revealed that more than 99.3% banned notes returned to banks after demonetisation, Congress President Rahul Gandhi accused Prime Minister Narendra Modi of helping his "crony capitalist friends", and the Bhartiya Janata Party (BJP) and its leadership.

"The RBI annual report proves that all his objectives failed. I want to state the real reason of Demonetisation to everyone. PM Modi's 10-15 capitalist friends were defaulters. He helped them to turn their black money into white", Rahul Gandhi said while addressing a press conference on Thursday.

"We have seen in the case of Gujarat's Cooperative Banks, of which BJP Chief AmitShah is a Director, where Rs.700 cr worth of money was deposited", Rahul added.

Claiming that the BJP was the direct beneficiary after the note ban, Rahul Gandhi said, "The objective of Demonetisation was very clear. It was to help PM Modi's friends. Demonetisation was not a mistake, it was a deliberate move."

"Prime Minister Narendra Modi claimed that demonetisation will tackle counterfeit currency. Clearly that didn't work", he said.

Calling demonetisation a "huge scam", Rahul Gandhi said, "The real cost of Modi's Demonetisation Scam was the days, weeks and months of suffering the poor of India faced at the hands of PM Modi. Notebandi was a scam devised simply to help 15-20 crony-capitalists."

Raking up the issue of Rafale deal, Rahul Gandhi questioned the alleged link between industrialist Anil Ambani and the ruling party.

"There are clear facts in Rafale case. Anil Ambani has Rs 45,000 crore debt. He formed the company 10 days before the deal. What is the deal between Anil Ambani and Prime Minister Modi?" Rahul Gandhi asked.

"I have no problem on a Joint Parliamentary Committee where all facts can be disclosed. None of the Opposition political parties has a problem. Arun Jaitley, however, has not responded on it, instead he is writing blogs", he added.

"Mr. Jaitley, if you're going to do such scripted interviews may be you should consider changing professions", he said.

The ruling Bhartiya Janata Party (BJP) in the meantime found itself on the back foot after Rahul Gandhi's no hold barred attack on Prime Minister Modi.

“Little knowledge is dangerous. Rahul Gandhi’s fiction on ‘demonetisation helping NPA holders’, forgets that the Modi Government legislated and enforced the Insolvency and Bankruptcy Code where the NPA defaulters lost their companies", Arun Jaitely responded on Twitter, but failed to answer the Congress Chief's allegations.

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