Swiss National Bank Report: Rahul Gandhi Takes a Dig at PM Narendra Modi on 50% Rise in Indian Deposits in Swiss Banks
Congress President Rahul Gandhi on Friday has launched a fresh salvo on Prime Minister Narendra Modi on latest data released by the Swiss National Bank
New Delhi, June 29:Ā Congress President Rahul Gandhi on Friday has launched a fresh salvoĀ at Prime Minister Narendra Modi on the latestĀ report released by the Swiss National Bank (SNB).Ā According to the report,Ā there wasĀ a rise in Indian deposits last year by 50 percent. Referring to PM Modiās promises during the tenure of his government, GandhiĀ took to Twitter to criticise him.
Gandhi questioned the PMās promise of bringing all the black money from the Swiss banks and depositing Rs 15 lakh in every Indianās account. The Congress president also took a jibe on PM Modiās move of āDemonetisationā. In his tweet, Gandhi also referred to Interim Finance Minister Piyush Goyalās response toĀ SNB'sĀ report.
2014, HE said: I will bring back all the "BLACK" money in Swiss Banks & put 15 Lakhs in each Indian bank A/C.
2016, HE said: Demonetisation will cure India of "BLACK" money.
2018, HE says: 50% jump in Swiss Bank deposits by Indians, is "WHITE" money. No "BLACK" in Swiss Banks! pic.twitter.com/7AIgT529ST
ā Rahul Gandhi (@RahulGandhi) June 29, 2018
Earlier in the day, Goyal said that Switzerland would provide all data on black money by the end of this financial year, i.e., March 2019. Goyal said, "Agreement between India and Switzerland has this. From January 1, 2018, till end of accounting year, all data will be made available. So why assume this is black money or illegal transactions?" He also promised strict action against those found guilty of having depositing money abroad.
The annual data released by the Swiss National Bank on Thursday said that money deposited by Indians in Swiss banks rose over 50 percent to Swiss Francs (CHF) 1.01 billion (ā¹7,000 crore) in 2017. Meanwhile, total funds of foreign clients in Swiss banks rose by 3 percent.
(The above story first appeared on LatestLY on Jun 29, 2018 04:21 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
