Saturday, November 12th, 2016

Demonetisation: Decision has been taken in haste, says Kapil Sibal

Narada Desk | November 12, 2016 1:55 pm Print
He said that government’s decision to withdraw Rs 500 and Rs 1000 notes in the name of black money is a ‘jumla’. Sibal said that the decision has been taken in haste.
Kapil Sibal : Congress Leader

Congress leader Kapil Sibal on Saturday in a press conference said that instead of bringing back black money from overseas bank accounts PM Modi is taking money from common people as people are queuing in front of ATMs after the government’s demonetisation move.

He said that government’s decision to withdraw Rs 500 and Rs 1000 notes in the name of black money is a ‘jumla’. Sibal said that the decision has been taken in haste.

Read also: Demonetisation: Is RBI Goof Up Responsible For It?

He said at a time when PM Modi should have been in the country, he is not here but in Japan.
“PM Modi claims himself to be a common man but neither he has ever stood in line in front ATMs, nor he knows how expenses run,” Sibal said.

He cited a photograph of a girl, allegedly daughter of BJP Uttar Pradesh chief, holding bundles of new Rs 2000 currency notes as a proof that some BJP leader were already aware of government’s demonisation move hours before PM Modi made the announcement.

Read also:Demonetisation: Even Pakistan Has Planned It Better

He demanded that BJP should disclose how much of amount it has spent during various assembly elections. He asked that a committee should be constituted to investigate BJP’s expenditure during 2014 general elections.

Congress leader Sharmishtha Mukherjee also posed a question as how the move by the government to introduce the 2000 rupee note would curb the use of and creation of black money. She said that the centre has deliberately put away money before the demonetization move, it should be seen as a criminal act. The congress leader demanded a court-monitored probe in the matter.

Ahead of Parliament’s winter session on November 16 Congress has given a notice, seeking suspension of business on day one to discuss the demonetisation issue.

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