Kejriwal frustrated by demonetization: Sukhbir Badal

After Delhi Chief Minister Arvind Kejriwal alleged that the Centre had informed corporate houses before hand about the radical decision to demonetise, Punjab Deputy Chief Minister Sukhbir Singh Badal on Saturday said Kejriwal is speaking out of frustration.

Badal told ANI, "Kejriwal is saying that Rs 1,000 currency notes should not be stopped because he must have collected bags of money before the Punjab elections, and now, they have all become useless. That is why, he is speaking all this out of frustration and panic."

Union Minister of State for Minority Affairs Mukhtar Abbas Naqvi told ANI, "I can see that Congress and Kejriwal are all about political hypocrisy and lies are their passwords."

"They have become a laboratory of putting the progress of nation into dire straits. The only thing that they are good at is, how to defame the progress and reforms of our nation, how to spread rumours, how to create rumours," said Naqvi.

Naqvi further said that both the Congress and the AAP are disappointed and are doing all this out of desperation.

Delhi Chief Minister Arvind Kejriwal on Saturday asserted that a few corporate houses were informed before hand about the radical decision to demonetize.

"In the name of demonetisation, a huge scam is being played out. Before the Prime Minister Modi announced the move on Tuesday, the Bharatiya Janata Party (BJP) and its friends had been alerted before and they had stashed their cash," Kejriwal said.

He said that in the last three months, thousands of crores of rupees have been deposited in bank accounts of some people and corporate houses, adding that deposition of such large sums creates suspicions.