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Sting Shows Alleged BJP Worker Willing To Change Demonetised Notes Of Over INR 50 Crore For 40% Commission

Was this the motive behind demonetisation?

The Congress party on Tuesday, March 26 showed a video of an alleged sting operation where purported Bharatiya Janata Party (BJP) workers can be seen exchanging old Rs 500 and Rs 1000 currency notes. In the video, notes of Rs 2000 denomination worth crores of rupees are also seen in a room. The 30-minute video was allegedly shot after December 31, 2016, and released on a news website Tiranga News Network (TNN) on Monday.

It is noteworthy that the Reserve Bank of India had stipulated that the demonetised banknotes could be deposited with banks until 30 December 2016.

In the press conference, senior Congress leader Kapil Sibal launched a scathing attack on that Modi government underlining that the only beneficiary of demonetisation was the BJP. Here are some of his quotes:

  1. The tape (sting operation video) shows that the motive was something and something else was said in the (demonetisation) speech (by Prime Minister Narendra Modi).
  2. They looted the poor of the country. Some chowkidars betrayed the countrymen and money was snatched from the pockets of the common people.
  3. Some BJP members were involved in doing this. If you see (sting operation video), you will realise that from top to bottom everyone was involved.
  4. There are many other players involved too. The money shown in the tape was exchanged after December 31.
  5. The exchange of currency notes was not possible without the support of bank officials are ruling party. When the movement of money takes place the assistance of police officials and bank managers are needed too. The most import point is that without the support of the one sitting at the top, it is not possible.
  6. You are stealing the country’s money and giving it to your party. There cannot be a more heinous crime than this.

Also read: Demonetisation Killed The Informal Sector, 10-12 Million Jobs Were Lost: Raghuram Rajan in new Freakonomics Podcast

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