Demonetisation must be rolled back: Arvind Kejriwal

Kejriwal also rubbished charges that AAP was opposing demonetisation as it has hit the party's prospects in Punjab.

By: PTI | New Delhi | Published: November 19, 2016 10:14 pm
Demonetisation, Demonetisation effects, Arvind Kejriwal, Kejriwal, Arvind Kejriwal demonetisation, Punjab elections, Punjab polls, Punjab elections demonetisation, BJP, AAP, Demonetisation news, india news, indian express news Delhi Chief Minister Arvind Kejriwal. (PTI Photo)

Pitching for transparency in political funding, Delhi Chief Minister Arvind Kejriwal on Saturday dared BJP to reveal details of its coffers, reiterating his allegation that demonetisation must be rolled back immediately as it was a “huge scam”. He also rubbished charges that AAP was opposing demonetisation as it has hit the party’s prospects in Punjab.

“Why doesn’t Modiji reveal who funded his 2014 election bid? All parties must do this, whether it is SP, BSP. Amit Shah (BJP President) unleashed all agencies including CBI, ED, Income Tax after us but could not find anything, otherwis they would have jailed me by now. AAP maintains account of every paisa spent,” Kejriwal said.

He alleged that the entire demonetisation exercise was aimed at waiving debts owed by large industrialists through the money deposited by people, and that it would not unearth a single paisa of black money.

“Only three days ago, the SBI wrote off loans given to 63 industrialists worth Rs 7000 crore. Vijay Mallya was the biggest beneficiary of this write off, whose Rs 1200 crore loans were written off,” he said.

The AAP chief, who had demonstrated outside the RBI here with his Bengal counterpart Mamata Banerjee on Thursday, said by some estimates it would take “six more months” to print new notes of equivalent value that have been demonetised.

He made the remarks during a live session on social media site Facebook.

He said his allegations against Modi have not yet been countered by the BJP which he said “deepens the suspicion”.

Kejriwal had made some allegations against Modi pertaining to his tenure as Gujarat chief minister.

The BJP has “settings” with black money holders, he alleged, adding he would have supported Modi had the intention behind the move was correct, “but I cannot have blind faith on anyone”.

In the session, that lasted over 50 minutes, Kejriwal reiterated his demand that the exercise be rolled back, which he said was “very much possible even at this stage”.

Meanwhile, Delhi Assembly Speaker Ram Niwas Goel met President Pranab Mukherjee and handed over to him a resolution passed by the Assembly on demonetisation during its emergency session. He also submitted some documents which were shown by Kejriwal while making some allegations against some “big politicians”.

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  1. A
    Amit
    Nov 19, 2016 at 6:34 pm
    Authentic C####!!!!!!!!
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      Umesh
      Nov 19, 2016 at 6:15 pm
      Funny but to me it seems from his statement, that kejri seems to be admitting guilt stating that although he has done some ghotala but because CBI , ED or IT, did not find anything he is not in jail .. he hehe . Also thereby indicating that that these agencies are incompetent .. but ofcourse we have to ume that Kejri said it to establish how dudh ke Dhule he is ..
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      1. Anon
        Nov 19, 2016 at 9:58 pm
        Why doesnt kejriwal run Delhi instead ?
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          Srinivas
          Nov 19, 2016 at 5:16 pm
          What cannot be understood is Vijay mallaya 7000crore was not given during present regime and that too in 2yrs.he had already used the 7000 crore even if he is stripped and his skin peeled cannot bring a fine into banks coffers for this scam he should take congress to task now what has demonetisation to do with defaulters even uming people should not give a penny to the banks how will this solve the peoples problem he is utterly confused his agenda is hijacked by BJP sleeping rabbit didn't know tortoise has gone ahead.
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            indeei
            Nov 19, 2016 at 10:08 pm
            Let me give you simple mathlt;br/gt;Govt demonetized 17 lakh crores and have to remonetize with new currency. Because of fear with high denomination notes people want 100 rupee only and of course for daily usage 2000 note is uselesslt;br/gt;So to remonetize you need at least 14 thousand crore notes to be printed. Current capacity to print new notes is 2600 crore notes per year lt;br/gt;So cash crunch is true as it takes couple of years to replace cash
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