TPCC Vice-president Mallu Ravi addressing media at Bhongir on Monday
TPCC Vice-president Mallu Ravi addressing media at Bhongir on Monday

Bhongir: TPCC Vice-president Mallu Ravi described the demonetization move by PM Narendra Modi as the biggest scam of the nation.Speaking to media on Monday at Bhongir, he said that the demonetisation move by PM Modi created financial emergency to common people and urged the Centre not to create problems with their rash decisions. 

He added that the Prime Minister has not yet responded to the questions raised by AICC Vice-president Rahul Gandhi on demonetization. He demanded the Centre to release the list of names, who deposited huge amount of money in the bank accounts from March to November 8, 2016. He alleged that Rs 500 crore have been deposited in the account of BJP National President Amit Shah.

He alleged that Prime Minister Narendra Modi has taken up demonetization only to benefit the rich.  He pointed out that the rich were provided an opportunity to convert their black money into white, which was the real motive behind demonetization.  
Mallu Ravi stated that demonetization has created troubles to common people instead of black money holders. The public is in such a position where they are unable to draw money from their own bank accounts  DCC president Budida Bixamaiah Goud, Pothnak Pramod Kumar and other local leaders participated in the meet.