Hazare, however, also pointed out that former Delhi minister Kapil Mishra made the allegations of graft against Kejriwal only after he was sacked from the AAP dispensation.
"Whatever the former minister has said against Kejriwal, he said it only after his removal. If he was the minister when the alleged money exchange took place, why did not he alert the authorities?" the anti-corruption crusader asked.
"I think there should be a thorough investigation in this case. If Kejriwal is found guilty then I will personally sit on an agitation at Jantar Mantar and demand his resignation," Hazare said at his residence in Ralegan Siddhi village of Maharashtra's Ahmednagar district.
Mishra had on Sunday accused Kejriwal of taking Rs two crore from a Cabinet colleague, a charge refuted by Deputy Chief Minister Manish Sisodia.
The allegation by Mishra, who was sacked from the AAP dispensation on Saturday night, came amid growing rumblings in the Aam Aadmi Party (AAP).
Mishra today filed three complaints with the CBI against Kejriwal, minister Satyendar Jain and AAP leaders who allegedly misused party funds on foreign trips.
The Karawal Nagar MLA, who was yesterday suspended from primary membership of the AAP, also threatened to launch a hunger strike tomorrow if details of foreign visits by five AAP leaders are not made public by the party.
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