CBI searches at BOB branch 'cover up exercise': Cong

Congress today wondered whether the CBI and ED action in the Rs 6172 crore black money scam was a "mere a cover up exercise" as the government "took no action" for over a month after the internal audit report by Bank of Baroda to the Finance Ministry.
At the AICC briefing, party leader Kapil Sibal raised several questions in the matter. He asked as to why Prime Minister Narendra Modi and Finance Minister Arun Jaitley "mum in the matter?"
"Why have they not come forward and admitted the guilt of this huge Black Money scam?", he said posing the question as to what connection the fictitious companies and 59 bank accounts through which the funds were siphoned have with the BJP.

He asked why did Jaitley and PMO take no action for over a month after submission of internal audit report by Bank of Baroda to the Finance Ministry on September 9, 2015 and till today?
"Is the post haste action of CBI & ED a mere cover up exercise?", he asked.
CBI teams today carried out searches at three locations here in connection with alleged Rs 6,000 crore remittances sent from Bank of Baroda to Hong Kong camouflaged as payments for non-existent imports.
The agency searched Ashok Vihar branch of the Bank besides residences of bank officers SK Garg, AGM and Jainish Dubey, Officer, Foreign Exchange.

The unusual remittances were spotted in the audit report of the bank, CBI sources said.