• About us
  • Contact us
  • Our team
  • Terms of Service
Sunday, June 7, 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

LPG price hiked by Rs 29 per 14.2-kg cylinder

PM discusses with EAC measures to further boost growth in times of global turmoil

Sanctions threat to India would ‘boomerang’ under PM Modi’s leadership: Putin

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

LPG price hiked by Rs 29 per 14.2-kg cylinder

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
June 7, 2026

New Delhi: Domestic cooking gas LPG price has been raised by Rs 29 per cylinder, marking the second increase in...

Read moreDetails

PM discusses with EAC measures to further boost growth in times of global turmoil

‘Challenging’ situation due to West Asia war, says PM Modi
June 7, 2026

New Delhi: Prime Minister Narendra Modi on Saturday discussed with the members of the Economic Advisory Council various measures to...

Read moreDetails

Sanctions threat to India would ‘boomerang’ under PM Modi’s leadership: Putin

June 7, 2026

St Petersburg:  Russian President Vladimir Putin has said that any attempt to undermine India's sovereignty through "threats of sanctions" would...

Read moreDetails

Hyperscale data centre specialist AirTrunk to invest Rs 3 lakh crore in India: PM Modi

Ease of justice must for all, language of law should be local, simple: PM Modi
June 5, 2026

New Delhi:  Leading hyperscale data centre specialist AirTrunk plans to invest more than Rs 3 lakh crore in India by...

Read moreDetails

Russian President Putin pitches Su-57 stealth jet to India; indicates readiness for co-production

Putin: US-Russia ties should not be held hostage to Mueller probe
June 5, 2026

St Petersburg: Russian President Vladimir Putin has offered New Delhi Russia's fifth-generation stealth aircraft Sukhoi Su-57 and even suggested that...

Read moreDetails

US proposes 12.5% tariffs on India, others on concerns over forced labour

US tariffs may impact agri, machinery, pharma, electrical, chemical sectors: Experts
June 4, 2026

Washington/New Delhi:  The US has proposed to impose 12.5 per cent tariffs on 54 countries, including India, for allegedly failing...

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.