• About us
  • Contact us
  • Our team
  • Terms of Service
Monday, May 18, 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

PM Modi lands in Sweden; to hold talks on trade, technology, defence

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub

Govt imposes import curbs on silver

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

PM Modi lands in Sweden; to hold talks on trade, technology, defence

Nation responds to PM’s call for fuel conservation
May 18, 2026

Gothenburg (Sweden): Prime Minister Narendra Modi landed in Sweden on Sunday, where he will hold talks on trade, technology, defence...

Read moreDetails

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub
May 18, 2026

New Delhi:  ICEYE, a global leader in space-based intelligence, is set to establish its first Indian production facility within the...

Read moreDetails

Govt imposes import curbs on silver

Govt imposes import curbs on silver
May 17, 2026

New Delhi: Within days of levying high customs duties on precious metals, the government on Saturday imposed import curbs on...

Read moreDetails

NCB seizes first-ever consignment of Captagon drug worth Rs 182 crore

NCB seizes first-ever consignment of Captagon drug worth Rs 182 crore
May 17, 2026

New Delhi: The Narcotics Control Bureau has busted an international drug syndicate involved in the trafficking of Captagon and seized...

Read moreDetails

India, UAE sign energy, defence pacts during PM Modi’s visit

India, UAE sign energy, defence pacts during PM Modi’s visit
May 16, 2026

Abu Dhabi:  India and the UAE on Friday inked a series of landmark pacts spanning strategic petroleum reserves, long-term LPG...

Read moreDetails

BJP defends fuel hike, says ‘India kept price rise to 3% amid global surge’

Congress often takes position that benefits China instead of India: BJP
May 16, 2026

New Delhi:  The BJP on Friday defended the hike in fuel prices, claiming that India managed to shield citizens from...

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.