Cong releases video of 'BJP leader' exchanging money after note ban, Jaitley says fake sting

The Congress and other opposition parties on Tuesday released a video purportedly showing a "BJP leader" exchanging old notes after demonetisation on a commission of 40 per cent, but did not vouch for the authenticity of the 30-minute footage.

Congress leader Kapil Sibal -- accompanied by senior leaders from his party as well those from the RJD, Loktantrik Janata Dal, National Conference and TDP -- alleged the video was filmed by some journalists in Ahmedabad.

It shows a person, who Sibal claims is a BJP leader with proximity to the party's top leaders, exchanging money purportedly after December 31, 2016, the time given by the government to exchange old notes after it demonetised high value notes on November 8 that year.

The amount of money exchanged is Rs 5 crore according to the conversation between the men in the grainy video and a commentary that runs through the footage. However, Sibal did not provide any other proof to support his claims.

Finance minister and senior BJP leader Arun Jaitley hit back saying, "The 'Fakery Caravan' of the UPA continues to move. After a fake BSY Diary, a fake sting. When there are no real issues, rely on 'fakery'."