Will ensure rich who looted money from banks return every paisa: Modi | india | Hindustan Times
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Will ensure rich who looted money from banks return every paisa: Modi

Warning that no bank defaulter will be spared, Prime Minister Narendra Modi on Sunday accused Congress of helping the rich usurp people’s money and claimed his government has “tightened the screws” on the “looters” who were now fleeing due to fear of going to jail.

india Updated: Mar 28, 2016 08:43 IST
HT Correspondent
Hitting back after his government faced criticism over handling of the Vijay Mallya case, Modi alleged that Congress was opening banks for the rich during its rule and “its governments who have through these banks filled the coffers of the rich too will have to pay”.
Hitting back after his government faced criticism over handling of the Vijay Mallya case, Modi alleged that Congress was opening banks for the rich during its rule and “its governments who have through these banks filled the coffers of the rich too will have to pay”.(PTI)

Warning that no bank defaulter will be spared, Prime Minister Narendra Modi on Sunday accused Congress of helping the rich usurp people’s money and claimed his government has “tightened the screws” on the “looters” who were now fleeing due to fear of going to jail.

Prime Minister Narendra Modi being felicitated with a traditional hat at an election rally in Assam’s Sonitpur on Sunday as BJP MP from Tezpur, Ram Prasad Sharma (right), looks on.

Hitting back after his government faced criticism over handling of the Vijay Mallya case, Modi alleged that Congress was opening banks for the rich during its rule and “its governments who have through these banks filled the coffers of the rich too will have to pay”. “You know how the rich have usurped public money. My government has tightened the screws on the bank defaulters. They are sweating due to fear of going to jail and are fleeing. But no one will be spared I am telling you.

“The money looted from the banks does not belong to the banks but to the poor people of the country and I will ensure that those who looted this money return each and every paisa... they have looted the country,” he said, addressing an election rally in Assam.

“The country was being run by middlemen. Since Modi assumed office, the middlemen have been forced to close shop. It is they who shout, accuse and abuse Modi but I don’t care.”

“There will be no ‘acche din’ (good days) for the middlemen and so their problem with me is natural,” Modi said.

The PM said more “than 40% of the population had not seen the doors of the bank during the last 60 years” but his Jan Dhan Yojana has ensured that the poorest of the poor have their own bank accounts.