Demonetisation is a scam; should be investigated: P Chidambaram

How crores of rupees in Rs 2000 notes in individual possessions is being raided all over the country?

By: News Desk |
February 22, 2017 4:57 pm

Tags: P Chidambaram,

The Congress party today made some serious allegations against demonetisation. Senior congress leader and former finance minister P Chidambaram called it the biggest scam of the year. He demanded that the policy of the government should be probed.

He also questioned crores of money recovered through several raids across the country. He asked: “I cannot get Rs 2000 note. How crores in Rs 2000 notes found their way to individuals being raided all over the country”. He also questioned the calculation that went behind setting Rs 2500 as the limit of money that can be exchanged. “What calculations did the Govt do to say that one can withdraw Rs 24000 when banks don’t have enough cash to dispense: P Chidambaram. Every bank says- no cash. So how does the govt says there is cash?This is why Dr Manmohan Singh said monumental mismanagement” he said.

He brought to notice several loopholes in the policy announced by Prime Minister Narendra Modi on 8 November.

This is the biggest scam of the year and must be investigated
I cannot get Rs 2000 note. How crores in Rs 2000 notes found their way to individuals being raided all over the country?
What calculations did the Govt do to say that one can withdraw Rs 24000 when banks don’t have enough cash to dispense.
Every bank says- no cash. So how does the govt says there is cash?This is why Dr Manmohan Singh said monumental mismanagement.
Why are District Cooperative Central Banks kept out of this whole exercise?
45 crore people have been affected due to this, who will compensate them?