1. Azam Khan exchanged cash in Rampur co-operative bank illegally: Congress

Azam Khan exchanged cash in Rampur co-operative bank illegally: Congress

Samajwadi Party leader and Uttar Pradesh minister Azam Khan has been accused of misusing his powers to get his demonetised cash exchanged illegally in Rampur District Co-operative Bank.

By: | Published: November 22, 2016 3:28 PM
azam khan, demonetisation effect, uttar pradesh, up, rampur, rampur district cooperative bank, rampur cooperative bank, cooperative bank, azam khan currency, jauhar university, azam khan corruption, samajwadi party, sp, bjp, up assembly election, up poll, up election, india, india news, demonetisation, demonetization effect, demonetization fallout, ram naik, up governor, arun jaitley, faisal khan lala, financial express Azam Khan’s currency notes were illegally exchanged by the co-operative bank, a Congress leader in Uttar Pradesh alleged.

Samajwadi Party leader and Uttar Pradesh minister Azam Khan has been accused of misusing his powers to get his demonetised cash exchanged illegally in Rampur District Co-operative Bank. The allegation has been made by Faisal Khan Lala, vice-president of Uttar Pradesh Congress Committee Minority Cell, according to a report in Hindi daily Dainik Jagran.

According to the report, Uttar Pradesh Governor Ram Naik has taken note of the issue and informed Union Finance Minister Arun Jaitley for proper action in the matter. In his letter to the Governor, Faisal had alleged that Azam Khan’s currency notes were illegally exchanged by the co-operative bank. Faisal had complained about the matter to Union Finance Minister and RBI governor Urjit Patel on November 12. After that, the RBI Governor had stopped the exchange of currency notes in co-operatives.

Faisal claimed that Azam Khan then got a case registered against him through the chairman of the co-operative bank which is located on the campus of Jauhar University set up by the UP minister, the report said, adding Faisal has demanded a probe to find out if the bank was involved in converting Khan’s black money into white. Faisal also demanded a probe into people giving donations to the university.

Faisal alleged that Azam Khan has amassed illegal property worth billions of rupees. The Governor took this matter seriously and reported it to Jaitley for action, the report said.

Incidentally on November 13, Azam Khan had attacked Prime Minister Narendra Modi for demonetisation that rendered all old Rs 500 and Rs 1000 notes illegal. He had also threatened that people would take to the streets against the decision, just like those in the US protesting against the victory of President-elect Donald Trump. He had said that “badshah (PM Modi)” runs to Japan after spreading anarchy in the country and the courtier (ArunJaitley) gives senseless statements to spread fear in the country, according to another report in the Dainik Jagran.

  1. S
    Saroj Chadha
    Nov 22, 2016 at 10:43 am
    Issuing Rs 2000 note was a master stroke that will go a long way in preventing fraudulent deposits of ded black money in Rs 1000 notes. While common man, and I am one, is facing some difficulties, it is only a short term problem and hopefully by first week of December it will ne near normal. However the near total reduction in naxal activities and very subdued terror activities across the nation is a big boon as counterfeit currency is out as also old notes. Government could have given greater thought for medical care and some extra thoughts on rural sector needs. As far as weddings are concerned, time for young boys and girls to stand up and ask for simple weddings or just registrar's office visits for same. Come on India, let us give this epic move a sincere try and bear the troubles for a few days more. Who knows it may bring rich dividends. Has anyone wondered by AAP Chief Kejriwal is not holding any rallies in Goa or Punjab or why Mayawati and complete Yadav clan is quiet in UP? As far as Rahul and Congress are concerned, less said the better - it is beyond Papu to understand big words like Demonetisation - since all his party and its leaders have ever done is to let corruption and black money grow unchecked.
    Reply
    1. I
      Indian
      Nov 22, 2016 at 4:39 pm
      Faisal khan at the end you would be treated by Jaitley team like Mir jaffer was treated by English ruled India. BJP BHAQTS ARE NOT FAITHFULTO ANYONE, BE CAREFUL!!!!no one needs guts to run or open brothel house but to start or open a learning Insute for better society, one must have lots of courage, energy and sacrifices. at least learn a lesson from Mr Azam khan.
      Reply
      1. I
        Indian
        Nov 22, 2016 at 4:28 pm
        I don't blame any Hindu, but one Muslim is enemy of another Muslim just for the sake of personal interest or politics. What kind of Islam this type of Politicians follow. shame.
        Reply

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