1. RK Nagar by-polls cancelled: Chidambaram knows better how black money surfaced, says Union Minister M Venkaiah Naidu

RK Nagar by-polls cancelled: Chidambaram knows better how black money surfaced, says Union Minister M Venkaiah Naidu

Taking on P Chidambaram over his remarks on the influence of black money in the RK Nagar by-polls, Union Information and Broadcasting Minister M Venkaiah Naidu on Monday alleged that black money surfaced during the former UPA regime.

By: | New Delhi | Published: April 10, 2017 1:31 PM
Union Information and Broadcasting Minister M Venkaiah Naidu. (PTI)

Taking on P Chidambaram over his remarks on the influence of black money in the RK Nagar by-polls, Union Information and Broadcasting Minister M Venkaiah Naidu on Monday alleged that black money surfaced during the former UPA regime while demanding an explanation from the former finance minister on the same. “How did the black money surface? I guess Chidambaram knows it better. The reason being back money was generated during their regime and it is only after our government came to power that the generation of black money was effectively curbed,” Naidu told ANI.

“Despite our efforts, if things happened there, the explanation can only be given by the parties who distributed money there,” he added.  Responding to the opposition parties’ allegations that the Centre is ‘misusing’ government agencies like the Income Tax Department for their ulterior motives, Naidu said, “What misuse? These departments have been doing their job diligently, they should be congratulated.”

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Naidu’s remarks came in response to Chidambaram’s tweet wherein he asked Prime Minister Narendra Modi if his demonetisation drive achieved desired results, hours after the poll body canceled the April 12 by-polls. “We were told demonetisation has put an end to black money. Was money distributed in R K NAGAR white money (sic)?, he said.  On Sunday, the poll panel cancelled the by-polls in R.K. Nagar constituency after cash-for-votes allegations surfaced.  The decision came after the Income Tax raids in Chennai found that money was distributed to the voters.

  1. R
    Robin
    Apr 10, 2017 at 2:54 pm
    Mr. Venkaiah Naidu should have said " Chidambaram introduced to our society 'parti tory note' King Cobra snake. Chidambaram further nurtured the snake with his position as Finance Minister and let the cobra grow into hyra headed monster which led to jobless GDP growth. i.e. The parti tory note became the means by which any rich Indian with undeclared money can convert his money white by first going to overseas investment agencies like Goldman sachs and deposit any amount of money, then get parti tory note from them, and invest in India without any scrutiny from the enforcement directorate, or income tax agencies. So Chidambaram is the father of our nation's scams and corruption. What we see is the legacy of the monster that he had created.
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