Demonetisation will go down as biggest financial scam in history, says Sitaram Yechury

Shimla: Ridiculing the BJP's call for celebrating the first anniversary of demonetisation on 8 November, the CPM said on Monday that the move would go down as the "biggest financial scam" in India's history.

File image of CPM leader Sitaram Yechury. AFP

File image of CPM leader Sitaram Yechury. AFP

Addressing election meetings here, CPM general secretary Sitaram Yechury said, "8 November is being celebrated as 'Anti-Black Money Day' by the BJP, but demonetisation would go down as the biggest scam in history."

"(Prime Minister Narendra) Modi has termed demonetisation as a surgical strike against black money but in fact it turned out to be the biggest scam that made five Gujarati industrialists richer and the rest of the country poorer, and the entire black money was turned into white money," he said.

Yechury said cases such as Vyapam scam and Panama papers leak and allegations against the son of BJP president spoke volumes about corruption in the BJP-ruled states.

He said that the people of Himachal Pradesh will celebrate November 9 by voting against the "corrupt" BJP and throwing the Congress out power.

CPM politburo member Subhashini Ali also addressed several rallies in the poll-bound state.

Published Date: Nov 01, 2017 09:30 AM | Updated Date: Nov 01, 2017 09:30 AM

Also See