Shiv Sena demands action against RBI Governor

Mumbai, June 23: The Shiv Sena pounced on the Bharatiya Janata Party (BJP) on Saturday, seeking to know “what action the (current) Finance Minister Piyush Goyal has taken against the RBI governor and chiefs of banks” which have been defrauded by big industrialists who have fled the country. “How many bank chairmen who gave fraudulent loans have been sent to jail? Even the BJP President Amit Shah is the Director of Ahmedabad District Cooperative Bank... It collected Rs 745.59 crore of spiked (Rs 500 - Rs 1,000) notes within five days after demonetisation,” the Sena asked. It said that a Gujarat cabinet minister Jayesh V. Radadia is a Chairman (of Rajkot DCB), which also secured the second highest amount in the country after ADCB - Rs 693.19 crore deposits of the old currency notes.

Accusing Goyal of not viewing the issue with the seriousness it deserves, the BJP’s ally said that there was discrimination among the cooperative banks and different sets of rules were applied while dealing with various DCCBs in the country. The Maharashtra DCCBs were debarred from exchanging/accepting the old notes, which was subsequently withdrawn, but it served to hit the banks’ economic position very badly, the Sena pointed out.

Recalling the former RBI Governor Raghuram Rajan’s observations on the issue, the Sena reiterated that “the country has paid a heavy price for demonetisation”, the unorganised sector is in complete disarray, unemployment has increased and many others lost their jobs. The Sena said the country is experiencing an economic mess which is increasing, and even the government’s financial advisor Arvind Subramaniam has quit and left the country. (IANS)