PRESS RELEASE

June 22, 2018 | New Delhi

Statement Issued by Shri Randeep Singh Surjewala, In-Charge, Communications, AICC

अमित शाह के अहिदाबाद कोऑपरे मिव बैंक के मिए 'नोिबंदी' बना 'नोिबदिी'!

‘नोिबंदी’ की आड़ िें कािा धन सफ़ेद बनाने के खेि का पदााफ़ाश !

While People of India were suffering in queues, Scamsters converted ‘Black’ to ‘White’

PM choreographed the DeMo, leaving out window for Black Money Hoarders to benefit

19 months post ‘Modi Made Disaster’ of Demonetisation, it is now officially clear that this
entire exercise was the Biggest Scam in Independent India, indulged to convert its ill-gotten
‘Black Money’ into ‘White’!

An RTI Reply dated May 7, 2018 (Please See Annexure A1) has shockingly revealed that
Ahmedabad District Cooperative Bank (ADCB), whose directors include BJP’s National
President, Shri Amit Shah (who is also its past chairman) and his close associates received,
the highest amount of old demonetized notes i.e. a whopping ₹745.58 Cr in just 5 days
between 10.11.2016 to 14.11.2016. (Please See Annexure A2) Ahmedabad District Cooperative
Bank is the only district Co-operative Bank out of 370 district co-operative banks across the
country to receive such a large sum of demonetised notes in 5 days. Its Chairman Shri Ajay
Patel is a prominent BJP leader a close associate of Shri Amit Shah.

Shri Amit Shah’s close associate, Shri Yashpal Chudasama, whose name appears in the
infamous ‘Jay Shah-Zyada’ Case is also a director of the ADCB. It is important to underline
the fact that all the district cooperative banks were banned from accepting deposits of the banned
currency notes from the public after November 14, 2016, -- five days after demonetisation -- on
the pretext that ‘Black Money’ would be laundered through this route. But in the case of ADCB
of which BJP President is a director, it was already ‘transferred’!

Right behind ADCB and on the number #2 position is the Rajkot District Cooperative Bank,
which received old notes worth a whopping ₹693.19 Cr. Its chairman Shri Jayeshbhai
Vitthalbhai Radadiya is a Cabinet Minister in BJP’s Gujarat Govt. Another director is Shri
Vitthalbhai Radadiya, father of Jayeshbhai. He is prominent BJP leader and an Ex-MP from
Porbandar.

11 District Co-operative Banks in Gujarat headed by BJP leaders, including above two, in
which ₹3118.51 Cr worth of old notes were deposited within these 5 days.
1. Surat District Co-operative Bank Ltd. which received ₹369.85 Cr
Director- Shri Prabhubhai Nagarbhai Vasava, BJP MP (Lok Sabha) from Bardoli
Chairman is Shri Nareshbhai Patel, a prominent BJP leader.
2. Sabarkantha District Central Cooperative Bank Ltd. – which received ₹328.50 Cr
Directors- Shri Rajendrasinh Ranjitsinh Chavada, BJP MLA from Himatnagar and
Shri Praful Khoda Patel, Former MoS Home in the BJP Govt of Gujarat and is now
appointed by Modi ji as Administrator of Daman & Diu and Dadra & Nagar Haveli.
Chairman is Shri Maheshbhai Amichandbhai Patel is a BJP leader.
3. Banaskantha District Central Co-operative Bank Ltd- which received ₹295.30 Cr
Director- Shri Shankar Chaudhary, Former Minister of State for Urban Housing, Health,
Family Welfare and Transport in the earlier BJP Government of Gujarat and General
Secretary of the Gujarat BJP. Chairman is Shri M L Chaudhary, a BJP leader.
4. Mehsana District Central Co-operative Bank Ltd received ₹215.44 Cr
This bank is controlled by Deputy CM, Shri Nitin Patel through registrar. Elections due.
5. Amreli Jilla Madyastha Sahkari Bank Ltd. which received ₹205.31 Cr
Chairman- Shri Dileepbhai Sanghani, Former BJP MP & Former Cabinet Minister in
the BJP Gujarat Govt and is presently appointed by Modi ji as Vice Chairman, NAFED
6. The Bharuch District Central Co-operative Bank Ltd received ₹98.86 Cr
Chairman is Shri Arunsinh Rana, BJP MLA
7. Baroda Central Co-operative Bank Ltd received ₹76.38Cr
Director, who controls the Bank, is Shri Satishbhai Patel, BJP MLA and Chairman is Shri
Atulbhai Patel, BJP leader
8. Junagarh Jill Sahakari Bank Ltd received ₹59.98 Cr
Chairman is Shri Jashabhai Barad, Ex Cabinet Minister in BJP Govt & a prominent BJP
leader
9. Panchmahals District Co-operative Bank Ltd. received ₹ 30.12 Cr
This bank is controlled by Former BJP MP, Shri Gopalsinh Solanki through registrar.
Elections due.

The RTI also reveals the important national picture, which further establishes that the entire
exercise of Demonetisation was meant to benefit a select group of BJP cronies (Please See
Annexure A3). States ruled by BJP and its allies/supporters got the largest proportion of
deposits in the district Co-Operative Banks i.e ₹ 14293.71Cr out of ₹22270.80 Cr (64.18%),
compared to non-BJP ruled states at the time of Demonetisation.
 Let Shri Amit Shah/BJP/RSS publically disclose to the Nation, properties and their value
purchased in the run up to and post Demonetisation till date, including source of funds.
Certain issues stand out and have never been answered:-

(i) In the run-up to decision of demonetisation, BJP and RSS purchased properties running into
hundreds of crores across the country. Congress had released details of 8 properties valuing
Rs.3.41 crore in Bihar and 18 properties in Odisha. Actual market value of these properties is
much higher. Despite this, Shri Narendra Modi and Shri Amit Shah have refused to make public
the details of properties purchased by BJP/RSS in the last 19 months. Does it not prove that BJP
had advance knowledge of the decision of demonetisation and was converting its money into
assets immediately before demonetisation?
(ii) Mahesh Shah of Ahmedabad, Gujarat made a declaration of Rs.13,860 crore in the voluntary
income disclosure scheme. He later resiles. As he was giving a TV interview disclosing names of
politicians and bureaucrats, he was taken away by Income Tax authorities. Former Gujarat CM,
Shri Sureshbhai Mehta has openly spoken about links of Mahesh Shah with Shri Narendra Modi
and Shri Amit Shah. Why have they not been investigated?
(iii) In September, 2016; bank deposits in scheduled banks saw an additional increase of Rs.5,88,600
lakh crore. Out of this, fixed deposits made between Ist September to 15th September, 2016 alone
were over Rs.3 lakh crore. Does it not prove advance knowledge of the decision of
demonetisation and conversion of money? Modi government has not been unable to explain it nor
has made public names of everyone, who had deposited Rs.25 lakh or more.
(iv) Kolkata Unit of BJP was caught depositing Rs.500/Rs.1000 notes running into Rs.3 crore on the
day of demonetisation in A/c No. 554510034. Despite repeated demands, BJP and RSS have not
made public details of money deposited between Ist March, 2016 and 8th November, 2016 in its
bank accounts across the country.
(v) Shockingly and just before demonetization on 08-09-2016, cash of Rs.3 crore was seized from a
Maruti Swift Car bearing Regn. No. HR-26AR-9662 at Indira Puram, Ghaziabad, Uttar Pradesh.
The two occupants of the car, Sidharth Shukla and Anoop Aggarwal claimed that the money
belonged to them and they were taking it to Lucknow. Ghaziabad City BJP President, Ashok
Monga reached the Police Station and certified on a letter pad that the money was being ‘sent by
BJP Central Office to BJP State Office in Lucknow’
(vi) Ramesh Gowda, an associate of Karnataka BJP leader & former Minister, G. Janardan Reddy,
committed suicide and left behind a suicide note stating conversion of Rs.100 crore of black
money by the BJP leader.
Time for PM Modi & Shri Amit Shah to answer.

Even Media censored and illegally forced to remove the stories. (Please See Annexure A4)