Friday, 18 November 2016

Cong, NCP seek M'rashtra minister's ouster

MUMBAI: Nov 19, 2016, DHNS


The Opposition Congress and Nationalist Congress Party have demanded the sacking of Maharashtra’s Cooperation Minister Subhash Deshmukh after unaccounted-for cash worth Rs 91 lakh in demonetised currency notes were seized from a car belonging to him.
In an embarrassment to the BJP-Shiv Sena dispensation led by Chief Minister Devendra Fadnavis, Deshmukh has admitted to hoarding the money and even expressed his readiness to face the law.

“I had kept (the cash) thinking it would come in handy during my regular business transactions. But suddenly, on November 8, these notes were demonetised. I am ready to face any consequences in this regard,” he said.

The money was seized by a flying squad of the State Election Commission at Umerga tehsil in Osmanabad district during a search of a private vehicle belonging to Solapur-based Lok Mangal Group, which is controlled by Deshmukh.

The State Election Commission has sought a clarification from the Cooperation, Marketing and Textiles Minister, who represents the South Solapur constituency, in view of the local body elections that are under way in the state.

Leader of the Opposition in the Legislative Council, Dhananjay Munde of NCP, said, “Since the elections to the local bodies are under way, the State Election Commission must probe the issue in detail.”
DH News Service

Govt warns against a/c misuse 
The cash crunch is likely to ease by next week as the government expects half of the 2 lakh ATMs to be recalibrated to dispense the new Rs 500 and Rs 2,000 notes in the next five days, DHNS reports from New Delhi.

The Ministry of Finance, came out with a strict warning after some reports suggested that people have been using bank accounts of other people to convert their illegal money into legal tender.

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