Published On: Thu, Aug 30th, 2018

Rahul Gandhi Allege Demonetization Was A Huge Scam

Demonetization and Rafale deal designed by the Narendra Modi government were to help crony capitalists, said Congress president Rahul Gandhi in a press conference on Thursday.

Rahul Gandhi Allege Demonetization Was A Huge Scam

He added that the noteban was a huge scam in India and gradually evidences to prove it are coming up.

A day before Reserve Bank of India (RBI) released a report on the demonetization move by Modi government about two years ago. This as well as the fighter purchase stoked debate on the contentious issues.

The Congress leader added, “Demonetization was not a mistake but a deliberate attack on people. The intention was to help his (PM Narendra Modi’s) 15-20 crony capitalist friends, who have massive NPAs, by taking money from common man to fill their pockets.”

Gandhi said Indians need to understand the intention of Modi government behind noteban move and it was nothing but to help the most corrupt people to convert their money from undocumented to documented.

The press conference seems to be a response to the question of finance minister Arun Jaitley to him. It was asked whether the NDA’s price for Rafale fighter was better than that negotiated by UPA.

According to Gandhi the prime minister is lying on the deal. He alleged it was struck to help industrialist Anil Ambani.

However, Jaitley rubbished the allegations and Gandhi demanded for a JPC.

Currently Ambani is under Rs 45,000 crore debt.

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- Paul Linus is an eminent online journalist who has been writing news, features and editorials on different websites from across the world for about a decade. He can be contacted at

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