Rahul Gandhi: Note ban a scam to help crony capitalist friends of Narendra Modi

In a doublebarrel attack Congress President Rahul Gandhi on Thursday called demonetization a scam intended to benefit 1520 crony capitalist friends of Prime Minister Narendra Modi and accused him of lying in the Rafale dealGandhi who addressed a hurriedly called press conference at the AICC headquarters alleged that demonetization was a deliberate attack on the people aimed at helping the richest Indians and the most corrupt people to convert their black money into whiteLatching on to the RBI report of Wednesday that said that 993 per cent of demonetized money had come back into the system he questioned the rationale behind the decision to cancel all Rs 500 and Rs 1000 notes suddenly in November 2016None of the stated objectives like elimination of black money and fake currency abolition of corruption and curbing terrorism had been achieved he saidDemonetization was not a mistake It was an attack on you You were attacked with an axe Do not be under any illusion It was not a mistake This was to destroy you deliberately and open the way for big businesses like Amazon he said in reference to small and medium businesses that were hurt the most by the note banAccusing Modi and Finance Minister Arun Jaitley of destroying the economy Gandhi said the NPAs have touched over Rs 12 lakh crore under NDA against Rs 25 lakh crore during UPA which was manageableWhy did he Prime Minister Narendra Modi do it demonetization His 1520 big industrialist friends had accumulated NPAs to the tune of thousands of crore So through demonetization your common mans money was taken out of your pocket and put directly in the pockets of the countrys biggest crony capitalists Gandhi told the mediaHe said Modis friends turned black money into white after the note banFor example a cooperative bank in Gujarat whose Director is BJP President Amit Shah exchanged Rs 700 crore in the wake of demonetization It cannot even be called a jumla it can be called a scam The aim was to destroy small businesses and aid corruptionIndeed Prime Minister Modi did what had not been done in the last 70 years He did it and devastated the economy through demonetizationHe said the Prime Minister owed a reply to the people specially the youths and small and medium businesses over the unrealized objectives of demonetization and noted that it had adversely impacted on GDP growth rate by 2 per centGandhi said demonetization was a huge scam and slowly evidence was coming out and more will come outReplying to a question if he would seek an apology from Modi he said an apology was sought when someone makes a mistakeIt was not a mistake but a deliberate attack on the people of the country He paid back those who market him Crony capitalists do his marketing and he snatches money of people and pays them back Gandhi saidStepping up his attack on the Rafale fighter jet deal he said Jaitley was writing lengthyblogs but why was the government silent on the demand for a joint parliamentary committee JPC probe into the issue Jaitley is scared to ask the PM about constituting a JPCHe referred to the joint statement issued after Modi announced the Rafale deal which mentioned that the aircraft would be delivered on the same configuration as had been earlier approved by the Indian Air ForceIf the configuration is going to be the same why is the man lyingHe said the Prime Minister was not taken seriously any more on promises like he made to put Rs 15 lakh of money in every Indians bank account But when he lies we catch himThere is a huge list of unfulfilled promises and lies His words hold no meaning anymoreHe alleged that the BJP opened offices in several parts of the country during the note banAnswering a query he said the entire party was receiving legal notices from industrialist Anil Ambani over its allegations on the Rafale deal but the party was not worriedCatch up on all the latest Crime National International and Hatke news here Also download the new midday Android and iOS apps to get latest updatesThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever