NATIONAL NEWS

‘Probe how co-op bank linked to Shah got Rs 745 cr post-demonetisation’

New Delhi, June 22: The Congress on Friday sought “an independent probe” into RTI revelations that Ahmedabad District Cooperative Bank (ADCB) linked to BJP President Amit Shah got deposists of Rs 745.59 crore in five days after demonetisation, while terming the currency-scrapping move the “biggest scam in Independent India to convert black money into white”. The party also demanded that Prime Minister Narendra Modi and the BJP chief must come clean on the alleged scam and said the BJP and the RSS should “publicly disclose the properties and their value purchased in the run up to and post-demonetisation, including source of funds.”

The BJP, meanwhile, put up a vigorous defence, with Union Finance Minister Piyush Goyal saying in a tweet that “the allegations shows Congress’s desperation to deflect public attention from its own misdemeanours.” The National Bank for Agriculture & Rural Development (NABARD) attributed the highest deposits at ADCB to the latter’s massive size and performance, saying it conducted 100 per cent verification which revealed that the bank had complied with all the KYC guidelines of the RBI while accepting the demonetised notes. (IANS)