Thursday, May 15, 2025
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Was the demonetisation news leaked?

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Reports are rife about the West Bengal BJP depositing Rs three crore into the Party’s bank account just a couple of days before the announcement to demonetise Rs 500 and 1000 notes was made on November 9, evening. Reports say that the last deposit of Rs forty lakh was made minutes before the Prime Minister’s speech. The deposits were ostensibly made to a savings account (No 554510034) under the name of Bharatiya Janata Party, West Bengal with the Indian Bank, Central Avenue Branch, Kolkata. Questions are now being asked if the BJP was tipped off about the demonetisation process by sources in the Finance Ministry. A tweet by a BJP member of Punjab on November 6, announcing that RBI would come up with a new Rs 2000 currency note, with an image of the new note makes us wonder how this person was privy to information that no other non-BJP citizen had. The common person was caught completely unawares!

Ordinary people queuing up at ATMS spoke up on television and supported the Government’s move to demonetise Rs 500 and 1000 currency notes in the larger national interest. All right thinking citizens are one in enabling the Government to deal with black money and to plug the sources of terror funding. But this new information could badly damage the credibility of the BJP and Prime Minister Modi who made it appear that his Government was on a cleansing drive against the shadow economy that hangs around the country’s neck like the sword of Damocles. However, the bank transactions of the BJP are in no way illegal. The sources of such huge deposits must be duly disclosed to the banks and if the money came from donations then the receipts have to be produced. What is mystifying is the transaction on the eve of the much hyped surgical strike on black money. Is there a better explanation?

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