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The Congress on Saturday stepped up on the Narendra Modi government over 50 per cent jump in deposits by Indians in Swiss banks, saying the money was being "blacked out" by BJP ministers was now being termed "white"
The party also said that it was a government-created "money laundering scam" and that the Modi government was protecting "its suited-booted friends" and helping them convert "their black money into white".
Congress leader Randeep Singh Surjewala, Deputy Minister and Arun Jaitley Interim Finance Minister Piyush Goyal of speaking "fair and lovely lies".
"Pre May 2014, Money in Swiss banks was 'Black'. In 49 months of Modi Govt, it turned 'White' While the 2 FMs (?) Defend 'Swiss bank A / C holders' saying it's not 'Illegal', CBDT says no information on Swiss nank A / C would be available until September 2019. FAIR & LOVELY LIES OF FMs? " Surjewala said in a tweet.
He alleged that the two ministers were rushing to defend all Swiss bank account holders without information.
"Dear PM, CBDT circular also says you'll receive information in September 2019 of 'Swiss bank A / C holders' for the 2018 year & thereafter only What about info before the 2018 year? Why are the 2 FMs ( ?) then rushing to defend all 'Swiss bank A / C holders' without any information? " Surjewala added.
He said Prime Minister Modi had said in the run-up to the 2014 Lok Sabha elections that "every child knows 'black money is kept in Swiss banks'", but the stance of government has changed.
"Dear Modiji, On Dec 22, 2013, you have every child knows' black money is kept in Swiss banks. '' On 29th June, 2018, your FM's say 'It's stupid to say money in Swiss banks is mlack'. Which one of these two statements is 'stupid'? If Swiss boney is 'white', where is 'black money' ?, "he asked.
Speechespesperson Priyanka Chaturvedi party also hit out at the BJP government.
"First time in India's history we have India's Finance Minister coming forward to defend them (Swiss bank account holders)," she said.
"What is pushing this government to continue to protect them in the future?" she said.
She said the government has actually created a "money laundering scam."
She asked why the Bharatiya Janata Party (BJP) did not insist on Swiss authorities to reveal details of Indians since Independence. why they are insisting from 2018? Who are they trying to protect and why are they trying to protect a question, "she said.
Jaitley had a blog on Friday said that the Indians who have illegally stashed unaccounted money in Swiss banks.
He had said that casting doubt on the efficacy of the government's anti-black money measures was a "misinformed reaction".
Goyal had told reporters that under an agreement signed by the Modi government with Switzerland, all data from January 1, 2018, would be made available to the Indian government.
The data shows that after falling for three years in succession, money parked by Indians in Swiss banks rose 50 percent to Swiss Francs 1.02 billion in 2017 over the previous year.
– IANS
ps-sid / ne
(This story has not been edited by Business Staff and is self-generated from a syndicated feed.)
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