Demonetization meant to help crony capitalists: Rahul
New Delhi, Aug 30 : Terming the demonetization a "scam", Congress President Rahul Gandhi on Thursday said the primary purpose behind the exercise was to help "15-20 biggest crony capitalists" whose loans have turned into NPAs.
"Why did he (Prime Minister Narendra Modi) do it (demonetization)? His 15-20 big industrialist friends had accumulated NPAs worth thousands of crore. So through demonetization your (common man's) money was taken out of your pocket and put directly in the pockets of the country's biggest crony capitalists," Gandhi told the media.
He said Modi's "friends" turned black money into white after the November 2016 note ban.
"For example, a cooperative bank in Gujarat whose Director is (BJP President) Amit Shah, exchanged Rs 700 crore in the wake of demonetization. It cannot even be called a jumla, it can be called a scam," he added.
"Indeed, Prime Minister Modi did what had not been done in the last 70 years... He did it and devastated the economy (through demonetization)," the Congress President said.
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Gurupura: Bus-lorry collide near Bellibettu, drivers critically injured
6 Lakh in cash recovered during rescue operation
Bajpe: A private bus and a lorry collided head-on near Bellibettu bus stand on Wednesday, leaving both drivers seriously injured.
According to sources, the private bus was travelling from Mangaluru to Karkala and a lorry was heading towards Mangaluru.
The impact of the collision was severe, leaving the front portions of both the bus and the lorry completely crushed.
According to locals, the drivers of both vehicles were trapped inside the mangled vehicles and had to be rescued by cutting parts of the damaged vehicles using a gas cutter. Passengers travelling in the bus sustained minor injuries.
The injured drivers were shifted to a private hospital in the city for treatment. Personnel from the Bajpe police station visited the spot, conducted an inspection, and registered a case.
Meanwhile, it has been learnt that during the rescue operation, a local resident, Rafiq Gurupura, found around Rs 6 lakh in cash while cutting open parts of the bus.
The amount was subsequently handed over to the Bajpe police. The rescue operation was carried out by locals including Rafiq, Shivarama, Raoof, Fazil and others.
