Congress M.P. and senior leader, Kapil Sibal on Wednesday hit out at the Modi government by saying that demonetisation of Rs. 500 and Rs. 1000 notes was a huge scam. “When Congress party comes back to power, we would initiate an inquiry on how much money did Modi and his party earn from this demonetisation drive”.
He was speaking at the Congress Party’s Jan Vedna Sammelan called to highlight the hardship faced by the common people due to the demonetisation move by the Modi government on November 8.
“97% of demonetized currency is back in the banking system. It means that black money the government assumed would not come back has also entered the banks. It is apparent that BJP members in collusion with bank officials and commission agents helped turn this black money into white, not just for themselves, but for their industrial friends as well.” Sibal said.
He also questioned Mr. Modi and BJP on the huge election expenses incurred by them during the Lok Sabha election campaign and asked, “Did BJP pay for these expenses by cheque?”
Targeting the government on the promise Mr. Modi made during elections that he would in 60 months do what the Congress failed to do in 60 years, Sibal quipped “never in these 60 years had prices of pulses soared to Rs. 200 and Mr. Modi has demonstrated how prices of essential commodites reach this level”.
Sibal also quoted from a statement by Modi in which he had said that, if I commit a mistake, I am ready to face punishment at any crossing which the people decide, and asked ” Please tell us which crossing do you prefer.”
Outlining the series of decisions taken by the government since demonetisation on the amount of cash people were directed to withdraw, he said, “Why were the people made to queue up and not allowed to withdraw their own cash from their bank account, which legally belonged to them, and none of which was black money”.
In what appeared a reference to Modi, Sibal concluded his speech by reciting a poem which was applauded by Congress party members gathered at the venue.
“Khuda ke bande, sambhal ja, Waqt hai ab bhi badal jua,
Mat kar ek dooje pe hamla, kuch hi dinon ka hai jumla.