Advani: bring back black money stashed away abroad

January 17, 2011 01:51 am | Updated December 04, 2021 11:44 pm IST - MUMBAI:

Bharatiya Janata Party leaders Nitin Gadkari and L.K. Advani during the 'Mahasangram' rally in Mumbai on Sunday. Speaking at the rally against corruption and price rise, he asked why the government could not divulge the details of those who had kept black money abroad. Photo: Vivek Bendre

Bharatiya Janata Party leaders Nitin Gadkari and L.K. Advani during the 'Mahasangram' rally in Mumbai on Sunday. Speaking at the rally against corruption and price rise, he asked why the government could not divulge the details of those who had kept black money abroad. Photo: Vivek Bendre

Bharatiya Janata Party leader L.K. Advani on Sunday welcomed the Supreme Court's move to make public the details of black money stashed away abroad by Indians.

Speaking at the Mahasangram rally of the National Democratic Alliance (NDA) against corruption and price rise here, he said, the Supreme Court pulled up Solicitor General Gopal Subramaniam and asked him why the government could not divulge the details of those who had kept black money abroad.

Mr. Advani said that he would appeal to the court to take the steps on this front to a logical conclusion. The Indian government must ensure that all the money abroad was brought back and it must punish the people involved and make special laws, if necessary on this issue. He called on the Congress which had belittled him when he raised key questions on black money and said it must reply to NDA's letter on this issue and called the party to account.

This had happened in other countries, the U.S. and Germany got back money and there was a law on this subject, he said. Linking the issue of black money in foreign banks to corruption and scams, Mr. Advani said this was the key issue related to corruption.

“In 2009 I said black money by those who have earned it through nefarious means, is kept in countries like Switzerland, where banking norms allow having secret accounts and no one will even ask you. Banking secrecy laws are there in many countries. Now there is a chance, the U.S., Germany felt that their money should return to their countries during the time of the economic slowdown. The United Nations passed a Convention on corruption and now laws are being drafted for the repatriation of money,” he pointed out. “When NDA raised the issue, the Congress reacted by saying no country will change laws for us, how will they give us back the money and they made fun of me,” he added.

Before the 2009 Lok Sabha polls, the BJP had created a task force, and Vaidyanathan who was a member, gave examples of how much money was stashed in foreign banks. Global Financial Integrity, an international group published a small booklet and estimated that Indian money abroad at Rs. 20.85 lakh crore, Mr. Advani said.

The NDA rally on corruption and scams came down heavily on the Congress and the Maharashtra government. BJP president Nitin Gadkari, said this was a government which looted its people by making laws to suit them. For instance, for the Commonwealth Games, there was a rule that contractors had to have previous experience with such games and thus all the Indian contractors were ruled out.

Suicide by farmers

He said lakhs of farmers have committed suicide, and there were reports which said that in India 70 per cent of the people spend less than Rs. 20 a day. On the one hand, while Mr. Pawar was Agriculture Minister, foodgrains were rotting, there was no storage facility, gas prices were spiraling, he said.

Calling on the Congress to reply to all allegations of corruption, Mr. Gadkari said that he had all the evidence of Win Chaddha's son's accounts, and also proof that Quattrochi had deep relations with the Gandhis. He also had information on Mr. Quattrochi's bank accounts but refused to divulge more details.

He also reiterated the NDA's demand for a Joint Parliamentary Committee (JPC) probe into 2G scam and asked the Congress “what is wrong thing we have done by asking for a JPC?” The Congress was afraid because their faces were already blackened and they were afraid that more scams would spill out. Janata Dal (United) president Sharad Yadav said this was a fight for justice. He said a majority of the parties wanted a JPC probe into the 2G spectrum and the Commonwealth Games scam, even the Congress allies were game, but the Congress with 206 seats was not relenting. “Even during the meeting with Pranab Mukherjee all of us had agreed to the JPC probe from 1998. It is the Congress which by its refusal has put a lock on Parliament,” he said.

Shiv Sena executive president Uddhav Thackeray said, the Congress and its allies had no shame. He said “an economist heads the country and a farmer's son is the Agriculture Minister. Yet farmers are committing suicide and prices are going out of control.”

Referring to the Adarsh Society, he said, while the Environment Minister suggested that the building be demolished, the question of the Lavasa remained to be seen. Mr. Sharad Pawar's ‘connections' with the Lavasa implied that little was said about it, he alleged. He dared the Environment Ministry not to clear the Lavasa. If the Adarsh was not demolished by the government then common people would take the law into their hands, he warned.

The Congress wanted to target Hindutvawadis as terrorists, said Mr. Thackeray. “Action must be taken against whoever is against the State. But why give a colour to terrorism,” he asked. How did Aseemanand's confession came to the press and Digvijay Singh first, he wondered.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.