NEW DELHI: Congress accused finance minister Piyush Goyal of obfuscation for claiming that black cash in Swiss financial institution had registered a decrease, saying that he had selectively quoted the statistics to misinform the rustic.
AICC spokesmen Rajeev Gowda and Gourav Vallabh told journalists that Goyal quoted figures from Bank of International Settlement (BIS) which does not have in mind "non-deposit liability" like bonds and mutual finances purchased with black cash.
They said the record by way of Swiss National Bank which printed a 50% increase in black cash from India used to be more credible.
Still, Gowda and Vallabh said, the finance minister had cited the fourth quarter figures of 2017 of BIS which confirmed a dip in black cash whilst ignoring the primary quarter of 2018 which had shown an increase.
"Why go from SNB to BIS and mislead the people. Why does the government not simply accept that it had not brought even eight rupees of the Rs 80 lakh crore black money," Vallabh said.
Congress added that deposits and investments from doubtful assets had larger in puts like Hong Kong and Luxembourg and different tax havens all over the BJP regime. AICC also made mild of the Fugitives Economic Offenders Bill introduced by way of govt, saying it used to be handiest geared toward "creating an image that the government was going after big defaulters and black money when it was not so in reality".
Gowda mocked that big defaulters like Nirav Modi, Vijay Mallya, Mehul Choksi had run away from the rustic below the Modi regime and the federal government used to be bringing a law as an alternative of bringing them back. He said it used to be an excessive amount of of a accident that Choksi got the Antigua passport simply 3 months after Narendra Modi met Antigua's PM.
AICC spokesmen Rajeev Gowda and Gourav Vallabh told journalists that Goyal quoted figures from Bank of International Settlement (BIS) which does not have in mind "non-deposit liability" like bonds and mutual finances purchased with black cash.
They said the record by way of Swiss National Bank which printed a 50% increase in black cash from India used to be more credible.
Still, Gowda and Vallabh said, the finance minister had cited the fourth quarter figures of 2017 of BIS which confirmed a dip in black cash whilst ignoring the primary quarter of 2018 which had shown an increase.
"Why go from SNB to BIS and mislead the people. Why does the government not simply accept that it had not brought even eight rupees of the Rs 80 lakh crore black money," Vallabh said.
Congress added that deposits and investments from doubtful assets had larger in puts like Hong Kong and Luxembourg and different tax havens all over the BJP regime. AICC also made mild of the Fugitives Economic Offenders Bill introduced by way of govt, saying it used to be handiest geared toward "creating an image that the government was going after big defaulters and black money when it was not so in reality".
Gowda mocked that big defaulters like Nirav Modi, Vijay Mallya, Mehul Choksi had run away from the rustic below the Modi regime and the federal government used to be bringing a law as an alternative of bringing them back. He said it used to be an excessive amount of of a accident that Choksi got the Antigua passport simply 3 months after Narendra Modi met Antigua's PM.
Piyush Goyal misleading nation on black money: Congress
Reviewed by Kailash
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July 26, 2018
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