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PM Narendra Modi using note ban to repay loans of '50 super-rich families', says Rahul Gandhi

Continuing his tirade against Prime Minister Narendra Modi, Congr... Read More
BELAGAVI: Continuing his tirade against Prime Minister Narendra Modi, Congress vice-president Rahul Gandhi dubbed demonetisation on Saturday a "Modi- made disaster". He alleged that Modi undertook the exercise to repay the loans of "50 super rich families" who "marketed" him for the Prime Minister's post.

Addressing Congress workers here, Rahul questioned Modi's claim that demonetisation would flush out

black money

. "Where is the black money? It's with the super rich families, not with poor farmers, labourers or middle-class families. But you will not find this money with them if you go to their houses," he said.

Without specifying who the "super rich" were, Rahul added: "Thieves of this country are very intelligent and they would have invested in gold, real estate, buildings and other assets. Only 6% of the black money is in cash, while 94% has been invested. This has been admitted by the PM himself. Even then, why is he running behind the people with 6% of the black money, sparing those who invested 94%, and troubling 99%?'' he said.

He alleged the "50 super-rich families" used their black money to market Modi for the PM's post. "These people have taken around Rs 8 lakh crore in loan from banks. The PM who got a favour from these families cannot dare to recover the Rs 8 lakh crore from them and hence came up with the demonetisation plan," he said.

"Modi made every poor and middle-class family deposit their money in the bank so that the institutions can run smoothly. With your money he is now running all the banks,'' Rahul said. He alleged that Modi had leaked information about the demonetisation plan to his friends in BJP.

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