5 Dariya News

Arvind Kejriwal asks Modi to tender apology to nation on demonetization in new year address

"Rolling back demonetisation is only solution to save the sinking economy", Blamed Modi for accepting bribes in cash from Sahara and Birla

5 Dariya News

Amritsar 30-Dec-2016

national convener and Delhi Chief Minister Mr.Arvind Kwejriwal today asked the Prime Minister Narender Modi to tender an apology to nation during his new year address on the blunder of demonetisation committed by him. He also blamed Modi for accepting cash bribes from big corporates.Addressing media here today Arvind Kejriwal said that Modi was prima facie accused of accepting bribes in cash from Sahara and Birla groups and he should face the probe, if he is true. "I am not scared of Modi threats and open to any probe of my accounts by any central agency", he reiterated and asked Modi under when he would declare 'black money' possessed by him.Kejriwal said that that Modi had committed a blunder by imposing demonetisation and pushed the country into a deep economic crisis. He said that Modi had demanded 50 days to implement demonetisation and there was no sign of people of country recovering from its after shocks.Kejriwal demanded to roll back the demonetisation and advised Modi to make an announcement in his new year address to save the country and its economy. 

He said that there was no other solution other than rolling back the demonetisation. He said that RBI was tight lipped on quantum of demonetised money, the black money recovered by demonetisation and printing of new currency. He asked the Prime Minister to explain how much black money had returned to the government and how much money is pumped into the banking system.He said that as per initial estimates of RBI total 14 lakh crore money was in circulation which has retunred to RBI and only 4 lakh crores of new currency of Rs.2000 notes is made available for circulation. He said that let Prime Minister explain how much time the RBI would take to replace the demonetised currency of Rs.14 lakh crores. He said that if the Rs.10 lakh crores of old currency deposited in banks is monetised immediately, the waiting economic disaster can be averted. 

Delhi Chief Minister said that being a former IT commissioner, he was well versed with economic issues and is very much sure that Indian economy would collapse if Modi continued to play havoc with economic issues.He said that all financial experts of world had spoken against demonetisation step taken by Modi. He said that only Amit Shah and his team of sycophants was hailing the decision.Kejriwal said, Modi had taken Rs.40 crores from Sahara on October 30, 2013 and Rs.25 crores from Birla group on November 12, 2013. He said that IT department had recovered relevant documents from Sahara and Birla offices during raids but no notice was issued to Modi. He said that under the IT Act section 132(4A), any document recovered during raid is deemed to be true unless proved wrong by the accused party.Kejriwal wondered that not even a notice was issued to Modi and all Income Tax Commissioner dealing with the concerned case were transferred.