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Delhi Chief Minister Arvind Kejriwal says demonetization is turning out to be a huge scam

A day after alleging that the BJP and its “friends” were informed about the demonetisation of high value currency, Delhi Chief Minister Arvind Kejriwal on Saturday said that the demonetization is turning out to be a huge scam.

Taking to micro-blogging site, Arvind Kejriwal said, “From evidence pouring in, demonitisation is turning out to be a huge scam. Will present evidence at 10 am in a press conference.”

Earlier, Kejriwal had questioned the logic behind the introduction of Rs 2000 notes saying it will fan corruption and the black money economy instead of containing it and that demonetization has hit the common men hard.

Meanwhile, long queues are being witnessed at banks and ATMs, as people rushed to get new banknotes in lieu of their old defunct bills.

Many ATMs ran out of cash as there were heavy rush to withdraw lower denomination currency. Most of the machines were equipped to tender Rs 100 notes, while some were still not working.

Banks are saying that they are trying to recalibrate their machine for higher denomination notes, it will take some days before they start tendering new high security Rs 500 and 2000 notes which is expected to ease pressure.

Tension also prevailed in southeast Delhi’s Jamia Nagar area as residents hurled stones at police buses amid rumours of shortage of salt and hike in prices of the essential commodities.

The central government is expecting the financial situation to be normal in the next four-five days.


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