Govt is not serious about bringing back black money: BJP

Apr 4, 2013 21:23 IST

#BJP   #Black money   #PoliticalPlay  

New Delhi: BJP today said government was not serious on acting against black money as it has "failed miserably" to bring such money stashed away abroad.

"Government is not ready to take any action and has failed miserably to bring back the black money and act against it. We condemn the government's inaction and will raise this issue afresh," said BJP Spokesperson Prakash Javadekar.

He said there were "doubts in the government's intentions" in acting against blackmoney and said even the Finance Minister's budget speech had no mention about blackmoney.

He said in the light of the recent sting operations on private banks allegedly involved in money laundering activity, government had not even initiated a probe and questioned if the government expected that the probe initiated by private banks will come out with the truth.

The BJP symbol is seen in this file photo. Reuters

The BJP symbol is seen in this file photo. Reuters

Javadekar said the party has demanded action against blackmoney after reports that a private group Global Network had claimed unearthing 1,000 such foreign bank accounts having blackmoney, of which 600 belonged to Indians.

"Common people can find where the blackmoney is, but government cannot. There are doubts in the government's intentions. Government does not want to act against blackmoney. There is no serious action taken to bring back blackmoney," he said.

The BJP leader charged the government with not following up on any information received in this regard from Wikileaks, HSBC, German banks or France.

He also cited the example of Pune-based stud farm owner Hassan Ali when the Finance Minister earlier claimed Rs 50,000 crores were in his single account, while the same Finance Minister is now claiming there is no money in that account.

PTI