• About us
  • Contact us
  • Our team
  • Terms of Service
Tuesday, January 13, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Cong accuses govt of ‘protecting’ those who ‘looted’ treasury

Press Trust of india by Press Trust of india
April 18, 2019
in BUSINESS
A A
0
Congress cancels Secretariat gherao progamme
FacebookTwitterWhatsapp

New Delhi, Apr 17:  The Congress Wednesday accused the Modi government of “protecting” those involved in illegal exchange of money post-demonetisation by not ordering a probe on video tapes released by the party, even as it put forth another set of clips showing people involved in the “loot” claiming proximity to the powers-that-be.

Senior party leader Kapil Sibal asked why the “chowkidar” (the watchman) was “asleep” when all this happened. He alleged the absence of any investigation into the videos given as “proof” indicated that “those involved in this loot are being protected”.

More News

ISRO”s PSLV-C62 rocket encounters ”anomaly,” deviates from flight path, misses orbit

General Budget on Sunday February 1: LS Speaker Om Birla

Economy faces many challenges, meaningful steps needed in Budget: Congress

Load More

Prime Minister often refers to himself as “chowkidar” (the watchman) emphasising his tough stand on corruption.

“It now appears that the decision to demonetise may have helped criminals to monetise by looting the treasury and the poor,” Sibal claimed.

Those who have collaborated with corruption cannot pretend to be clean, he told a press conference, where he played the fresh videos purportedly showing how huge amount of money was exchanged in connivance with bank officials and some others close to the people in power.

He, however, did not authenticate the videos and there was no immediate comment available from the BJP or the government.

The party released similar videos on March 26 and April 9.

Sibal alleged that in the April 9 “expose”, the party had indicated the alleged involvement of one Rahul Ratharekar, a field assistant, and sought to prove his identity through his identity card, which was seen in the videos released that day.

He claimed that soon after the videos were released on April 9, the Cabinet Secretariat issued a statement claiming that “Rahul Ratharekar had been a Constable level employee of the Cabinet Secretariat but was dismissed in June, 2017 (after 5 years of service) on suspicion of his role in exchange of old currency notes, post-demonetisation”.

“This statement clearly demonstrates that the expose made on the scam, as reflected in the videos shown on March 26, 2019 and April 9, 2019, is genuine and the events seen in the video reflect the manner in which these exchanges took place.

“The involvement of government functionaries, bankers and state authorities clearly demonstrate a conspiracy to loot the treasury in a manner never seen before,” he alleged.

He alleged that “despite knowledge of this scam”, the government has failed to conduct a thorough probe to find out who in the chain was responsible for “this loot”.

“The clips of the videos…suggest the involvement of Police and public functionaries. It seems that the official machinery was actively participating in this huge scam and in the process enriching themselves,” Sibal said.

Previous Post

Army interacts with business community in Shahgund

Next Post

Netanyahu expected to receive formal nod Wednesday to remain PM

Press Trust of india

Press Trust of india

Related Posts

ISRO”s PSLV-C62 rocket encounters ”anomaly,” deviates from flight path, misses orbit

ISRO launches India’s third moon expedition with an eye on future inter-planetary missions, soft landing on Aug. 23
January 12, 2026

Sriharikota (Andhra Pradesh):  ISRO's PSLV-C62 rocket carrying 16 satellites, including a foreign Earth Observation satellite, "encountered an anomaly", the space...

Read moreDetails

General Budget on Sunday February 1: LS Speaker Om Birla

P20 Summit: India’s Parliament to foster global cooperation on key issues
January 12, 2026

New Delhi:  In a first, Finance Minister Nirmala Sitharaman will present the general budget in Parliament on Sunday, February 1,...

Read moreDetails

Economy faces many challenges, meaningful steps needed in Budget: Congress

January 12, 2026

New Delhi: The Congress on Monday hoped that the forthcoming Union Budget will take meaningful steps to address the challenges...

Read moreDetails

Modi raises investment pitch, ‘Amid great global uncertainty, unprecedented certainty in India’

India-Middle East-Europe corridor will become basis of world trade for centuries: PM Modi
January 11, 2026

Rajkot:  Prime Minister Narendra Modi on Sunday said India is currently witnessing an era of unprecedented certainty and political stability,...

Read moreDetails

RBI advocates disclosure of NPA, inspection info; banks oppose; matters in CIC

RBI holds meeting of Steering Sub Committee of J&K SLBC
January 11, 2026

New Delhi: Four major banks -- Bank of Baroda, RBL Bank, Yes Bank and State Bank of India -- have...

Read moreDetails

India tightens crypto noose: Live selfies, geo-tagging now mandatory for users

January 11, 2026

New Delhi: In an effort to eliminate illegal activity in the digital asset market, India's Financial Intelligence Unit (FIU) has...

Read moreDetails
Next Post
Netanyahu expected to receive formal nod Wednesday to remain PM

Netanyahu expected to receive formal nod Wednesday to remain PM

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.